SEC Form 4 · accession 0000061398-16-000096
TELLURIAN INC. /DE/ · TELL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Pettirossi
Director
Period of report
Aug 2, 2016
Accepted (ET)
Aug 15, 2016 · 5:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000061398
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 2, 2016 | A | 10,174 | $3.44 | A | 35,598 | D | |
| Common StockF1,F3 | Aug 2, 2016 | A | 29,661 | $1.18 | A | 65,259 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of shares for annual Board fees pursuant to the issuer's compensation policy for non-employee directors, which provides that each non-employee director may receive an annual award of shares with avalue equal to $35,000, with the determination of the exact number of shares to be made on July 1st.
- F2Per share price used by the issuer to determine the number of shares awarded, and based on the market closing price of the shares as of July 1, 2015.
- F3Per share price used by the issuer to determine the number of shares awarded, and based on the market closing price of the shares as of July 1, 2016.