Sec Form 4 Filing - Excelerate Energy Holdings, LLC @ Excelerate Energy, Inc. - 2022-04-18

Insider filing report for Changes in Beneficial Ownership
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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
Excelerate Energy Holdings, LLC
2. Issuer Name and Ticker or Trading Symbol
Excelerate Energy, Inc. [ EE]
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)
6733 SOUTH YALE AVE.
3. Date of Earliest Transaction (MM/DD/YY)
04/18/2022
(Street)
TULSA, OK74136
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 Stock 04/18/2022 J( 1 ) 1,000 D $ 0.01 0 D( 2 )( 3 )
Class B Common Stock 04/18/2022 J( 4 ) 82,021,389 A 82,021,389 D( 2 )( 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
Class B Interests ( 5 ) 04/18/2022 J( 4 ) 82,021,389 ( 5 ) ( 5 ) Class A Common Stock 82,021,389 ( 5 ) 82,021,389 D( 2 )( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Excelerate Energy Holdings, LLC
6733 SOUTH YALE AVE.
TULSA, OK74136
X
Excelerate Holdings, LLC
6733 SOUTH YALE AVE.
TULSA, OK74136
X
KAISER GEORGE B
6733 SOUTH YALE AVE.
TULSA, OK74136
X
Signatures
Excelerate Energy Holdings, LLC; By /s/ Kaiser-Francis Management Company, L.L.C., Manager; By /s/ Don P. Millican, President 04/18/2022
Signature of Reporting Person Date
Excelerate Holdings, LLC; By /s/ Kaiser-Francis Management Company, L.L.C., Manager; By /s/ Don P. Millican, President 04/18/2022
Signature of Reporting Person Date
/s/ Don P. Millican, Attorney-in-fact for George B. Kaiser 04/18/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )In connection with the Issuer's initial public offering, the Issuer, Excelerate Energy Holdings, LLC ("EE Holdings") and Excelerate Energy Limited Partnership ("EELP") participated in a reorganization (the "Reorganization") pursuant to which the securities of the Issuer held by EE Holdings were repurchased by the Issuer.
( 2 )Represents shares held by EE Holdings.
( 3 )EE Holdings is owned 49.5% by Excelerate Holdings, LLC, an Oklahoma limited liability company ("Excelerate Holdings"), and 50.5% by George B. Kaiser. Excelerate Holdings is controlled by Mr. Kaiser, and he receives all of the pecuniary interest in Excelerate Holdings.
( 4 )In connection with the Reorganization, EE Holdings received 82,021,389 shares of Class B common stock of the Issuer and 82,021,389 Class B interests of EELP for no additional consideration. The shares of Class B common stock do not have any economic rights in the Issuer.
( 5 )Pursuant to the EELP Amended and Restated Limited Partnership Agreement entered into in connection with the Reorganization, the Class B interests of EELP are exchangeable, on a one-for-one basis, for shares of Class A common stock of the Issuer. Upon exchange of a Class B interest, the corresponding share of Class B common stock will be automatically canceled.

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