Smith Jerry D. 4
4 · CHENIERE ENERGY INC · Filed Aug 13, 2012
Insider Transaction Report
Form 4
Smith Jerry D.
VP & Chief Accounting Officer
Transactions
- Award
Common Stock
2012-08-09+80,000→ 166,655 total - Tax Payment
Common Stock
2012-08-09$14.06/sh−7,406$104,128→ 159,249 total
Footnotes (2)
- [F1]The shares were issued as a restricted stock grant and therefore no consideration was given by the Reporting Person. The stock grant vests in five installments as follows: 35% vested on August 9, 2012; 10% vests on August 9, 2013; 15% vests on August 9, 2014; 15% vests on August 9, 2015; and 25% vests on August 9, 2016.
- [F2]These shares were withheld by the Company in order to satisfy the Reporting Person's tax liability incident to a vesting of restricted stock.