UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 CHENIERE ENERGY, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock and Warrants to Purchase Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) Common Stock: 16411R109 ---------------------------------- (CUSIP Number) November 16, 1998 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: / / Rule 13d-1(b) /X/ Rule 13d-1(c) / / Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 16411R109 Page 2 of 11 ---------- - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). MM&B HOLDINGS, L.L.C.; FEIN: 95-4662641 - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group (See Instructions) (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization Delaware - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 75,000 Shares of Common Stock; Warrants to Owned by purchase up to 1,120,833 Shares of Each Reporting Common Stock Person With: -------------------------------------------------- (6) Shared Voting Power 0 -------------------------------------------------- (7) Sole Dispositive Power 75,000 Shares of Common Stock; Warrants to purchase up to 1,120,833 Shares of Common Stock -------------------------------------------------- (8) Shared Dispositive Power: 0 - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 75,000 Shares of Common Stock; Warrants to purchase up to 1,120,833 Shares of Common Stock - ------------------------------------------------------------------------------- (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 6.0% - ------------------------------------------------------------------------------- (12) Type of Reporting Person (See Instructions) 00 - ------------------------------------------------------------------------------- CUSIP No. 16411R109 Page 3 of 11 ---------- - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Ezralow Family Trust - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group (See Instructions) (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization California - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 40,000 Shares of Common Stock Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With: 0 -------------------------------------------------- (7) Sole Dispositive Power 40,000 Shares of Common Stock -------------------------------------------------- (8) Shared Dispositive Power 0 - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 40,000 Shares of Common Stock - ------------------------------------------------------------------------------- (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 0.2% - ------------------------------------------------------------------------------- (12) Type of Reporting Person (See Instructions) 00 - ------------------------------------------------------------------------------- CUSIP No. 16411R109 Page 4 of 11 --------- - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Bryan Ezralow 1994 Trust - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group (See Instructions) (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization California - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 13,917 Shares of Common Stock Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With: 0 -------------------------------------------------- (7) Sole Dispositive Power 13,917 Shares of Common Stock -------------------------------------------------- (8) Shared Dispositive Power 0 - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 13,917 Shares of Common Stock - ------------------------------------------------------------------------------- (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 0.1% - ------------------------------------------------------------------------------- (12) Type of Reporting Person (See Instructions) 00 - ------------------------------------------------------------------------------- CUSIP No. 16411R109 Page 5 of 11 --------- - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Marc Ezralow 1997 Trust - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group (See Instructions) (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization California - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 13,917 Shares of Common Stock Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With: 0 -------------------------------------------------- (7) Sole Dispositive Power 13,917 Shares of Common Stock -------------------------------------------------- (8) Shared Dispositive Power 0 - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 13,917 Shares of Common Stock - ------------------------------------------------------------------------------- (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 0.1% - ------------------------------------------------------------------------------- (12) Type of Reporting Person (See Instructions) 00 - ------------------------------------------------------------------------------- CUSIP No. 16411R109 Page 6 of 11 --------- - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Colony Partners; FEIN: 95-4369251 - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group (See Instructions) (b) /X/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Citizenship or Place of Organization California - ------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially 10,666 Shares of Common Stock Owned by -------------------------------------------------- Each Reporting (6) Shared Voting Power Person With: 0 -------------------------------------------------- (7) Sole Dispositive Power 10,666 Shares of Common Stock -------------------------------------------------- (8) Shared Dispositive Power 0 - ------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 10,666 Shares of Common Stock - ------------------------------------------------------------------------------- (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / - ------------------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9) 0.1% - ------------------------------------------------------------------------------- (12) Type of Reporting Person (See Instructions) PN - ------------------------------------------------------------------------------- CUSIP No. 16411R109 Page 7 of 11 --------- ITEM 1. (a) Name of Issuer Cheniere Energy, Inc. --------------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices Two Allen Center, 1200 Smith Street, Suite 1740, Houston, Texas 77002-4312 --------------------------------------------------------------------- ITEM 2. (a) Name of Person Filing The reporting persons under this Schedule 13G are as follows: MM&B Holdings, L.L.C. Ezralow Family Trust Bryan Ezralow 1994 Trust Marc Ezralow 1997 Trust Colony Partners MM&B Holdings, L.L.C. is a member-managed limited liability company the only members of which are the Ezralow Family Trust, the Bryan Ezralow 1994 Trust and the Marc Ezralow 1997 Trust. Colony Partners is a general partnership the only partners of which are the Ezralow Family Trust, the Bryan Ezralow 1994 Trust and the Marc Ezralow 1997 Trust. --------------------------------------------------------------------- (b) Address of Principal Business Office or, if none, Residence The principal place of business for each of the reporting persons is: 23622 Calabasas Road, Suite 100 Calabasas, California 91302-1549 --------------------------------------------------------------------- (c) Citizenship The place of organization of each of the reporting persons is as follows: Place of Reporting Person Organization ---------------- ------------ MM&B Holdings, L.L.C. Delaware Ezralow Family Trust California Bryan Ezralow 1994 Trust California Marc Ezralow 1997 Trust California Colony Partners California --------------------------------------------------------------------- (d) Title of Class of Securities Common Stock and, as to MM&B Holdings, L.L.C. only, Warrants to purchase Common Stock --------------------------------------------------------------------- (e) CUSIP Number Common Stock: 16411R109 --------------------------------------------------------------------- ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) / / Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) / / Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) / / Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) / / Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) / / An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E). (f) / / An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F). (g) / / A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G). (h) / / A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) / / A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). (j) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. /X/ CUSIP No. 16411R109 Page 8 of 11 --------- ITEM 4. OWNERSHIP The following sets forth information regarding the Common Stock and Warrants to purchase the Common Stock of Cheniere Energy, Inc. held by the reporting persons: (a) Amount beneficially owned: The amount of securities beneficially owned by each of the reporting persons is as follows: (i) Common Stock ------------ Reporting Person No. of Shares ---------------- ------------- MM&B Holdings, L.L.C. 75,000 Ezralow Family Trust 40,000 Bryan Ezralow 1994 Trust 13,917 Marc Ezralow 1997 Trust 13,917 Colony Partners 10,666 (ii) Warrants -------- MM&B Holdings, LLC holds warrants to purchase up to 1,120,833 shares of the Common Stock of Cheniere Energy, Inc. --------------------------------------------------------------------------- (b) Percent of class: The percent of the outstanding Common Stock beneficially owned by each of the reporting persons is as follows (based on 18,973,749 shares of Common Stock outstanding as of December 31, 1998): Reporting Person Outstanding Common Stock ---------------- ------------------------ MM&B Holdings, L.L.C. 6.0% Ezralow Family Trust 0.2% Bryan Ezralow 1994 Trust 0.1% Marc Ezralow 1997 Trust 0.1% Colony Partners 0.1% --------------------------------------------------------------------------- (c) Number of shares as to which the person has: MM&B Holdings, L.L.C. has the sole power to vote (or to direct the vote) and the sole power to dispose of (or to direct the disposition of) the Warrants to purchase Common Stock and the 1,120,833 shares of Common Stock issuable upon exercise thereof. As to the shares of the Common Stock, each of the reporting persons has: (i) Sole power to vote or to direct the vote Reporting Person No. of Shares ---------------- ------------- MM&B Holdings, L.L.C. 75,000 Ezralow Family Trust 40,000 Bryan Ezralow 1994 Trust 13,917 Marc Ezralow 1997 Trust 13,917 Colony Partners 10,666 ----------------------------------------------------------------- (ii) Shared power to vote or to direct the vote None of the reporting persons shares the power to vote or to direct the vote of any of the Common Stock beneficially owned by it. ----------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of Reporting Person No. of Shares ---------------- ------------- MM&B Holdings, L.L.C. 75,000 Ezralow Family Trust 40,000 Bryan Ezralow 1994 Trust 13,917 Marc Ezralow 1997 Trust 13,917 Colony Partners 10,666 ----------------------------------------------------------------- (iv) Shared power to dispose or to direct the disposition of None of the reporting persons shares the power to dispose or to direct the disposition of any shares of the Common Stock beneficially owned by it. ----------------------------------------------------------------- ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. / / Not applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. CUSIP No. 16411R109 Page 9 of 11 --------- ITEM 10. CERTIFICATION By signing below, each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. EXHIBITS Attached hereto are the following exhibits: Exhibit 1 - Agreement regarding the joint filing of this Schedule 13G CUSIP No. 16411R109 Page 10 of 11 --------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. December 31, 1998 ---------------------------------------- Date MM&B Holdings, L.L.C. By: /s/ Bryan Ezralow ------------------------------------- Signature Bryan Ezralow, Trustee of the Bryan Ezralow 1994 Trust, Managing Member ---------------------------------------- Name/Title SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. December 31, 1998 ---------------------------------------- Date EZRALOW FAMILY TRUST By: /s/ Bryan Ezralow ------------------------------------- Bryan Ezralow, Trustee ---------------------------------------- Name/Title SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. December 31, 1998 ---------------------------------------- Date BRYAN EZRALOW 1994 TRUST By: /s/ Bryan Ezalow ------------------------------------- Bryan Ezralow, Trustee ---------------------------------------- Name/Title SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. December 31, 1998 ---------------------------------------- Date MARC EZRALOW 1997 TRUST By: /s/ Marc Ezralow ------------------------------------- Marc Ezralow, Trustee ---------------------------------------- Name/Title SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. December 31, 1998 ---------------------------------------- Date COLONY PARTNERS By: /s/ Bryan Ezralow ------------------------------------- Bryan Ezralow, Trustee of Bryan Ezralow 1994 Trust, Managing General Partner ---------------------------------------- Name/Title CUSIP No. 16411R109 Page 11 of 11 --------- EXHIBITS Exhibit 1 - Agreement regarding the joint filing of this Schedule 13G