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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 10, 2006
CHENIERE ENERGY, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-16383 95-4352386
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
717 Texas Avenue
Suite 3100
Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 659-1361
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive Agreement
On March 10, 2006, the Compensation Committee (the "Committee") of the Board of
Directors of Cheniere Energy, Inc. (the "Company") granted to Charif Souki,
Chairman and Chief Executive Officer of the Company, non-qualified stock options
(the "Stock Options") to acquire 300,000 shares of Company common stock, $.003
par value (the "Common Stock"). The exercise price of the Stock Options is
$90.00 per share. These Stock Options vest 100,000 on each of March 10, 2010,
2011 and 2012. The Stock Options were granted pursuant to the Company's 2003
Stock Incentive Plan, as amended. The option grant was evidenced by an option
agreement substantially in the Form of Non-Qualified Stock Option Grant, which
was filed as Exhibit 10.11 to the Company's Form 10-K, filed on March 10, 2005,
and is incorporated herein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CHENIERE ENERGY, INC.
Date: March 14, 2006 By: /s/ Don A. Turkleson
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Name: Don A. Turkleson
Title: Senior Vice President and
Chief Financial Officer