Sec Form 4 Filing - Cheniere Energy, Inc. @ Cheniere Energy Partners, L.P. - 2020-08-17

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Cheniere Energy, Inc.
2. Issuer Name and Ticker or Trading Symbol
Cheniere Energy Partners, L.P. [ CQP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
700 MILAM STREET, SUITE 1900
3. Date of Earliest Transaction (MM/DD/YY)
08/17/2020
(Street)
HOUSTON, TX77002
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Units (Limited Partner Interests) 08/17/2020 C( 1 ) 135,383,831 A 239,872,500 I See Footnote ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Subordinated Units (Limited Partner Interests) ( 1 ) 08/17/2020 C( 1 ) 135,383,831 ( 1 ) ( 2 ) Common Units 135,383,831 ( 1 ) 0 I See Footnote ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cheniere Energy, Inc.
700 MILAM STREET, SUITE 1900
HOUSTON, TX77002
X
Cheniere Energy Partners LP Holdings, LLC
700 MILAM STREET, SUITE 1900
HOUSTON, TX77002
X
Signatures
/s/ Sean N. Markowitz, Executive Vice President, Chief Legal Officer and Corporate Secretary of Cheniere Energy, Inc. 08/19/2020
Signature of Reporting Person Date
/s/ Sean N. Markowitz, Corporate Secretary and Manager of Cheniere Energy Partners LP Holdings, LLC 08/19/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On August 17, 2020, upon satisfaction of certain financial conditions for the conversion of the subordinated units representing limited partner interests of the Issuer ("Subordinated Units") set forth in the Issuer's Fourth Amended and Restated Agreement of Limited Partnership (the "Agreement"), all of the outstanding Subordinated Units converted into common units representing limited partner interests in the Issuer (the "Common Units") on a one-for-one basis, pursuant to the terms of the Agreement, for no additional consideration. Upon the conversion of all of the Subordinated Units to Common Units, the Subordination Period (as defined in the Agreement) automatically terminated.
( 2 )The Subordinated Units did not have an expiration date.
( 3 )The Common Units are, and Subordinated Units were, directly held by Cheniere Energy Partners LP Holdings, LLC, a wholly-owned subsidiary of Cheniere Energy, Inc.

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