SEC Form 4 · accession 0000899243-18-002189
TELLURIAN INC. /DE/ · TELL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Keith Teague
Officer — EVP and COO
Period of report
Jan 25, 2018
Accepted (ET)
Jan 29, 2018 · 8:43 pm EST
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 | Jan 25, 2018 | A | 561,601 | $0.00 | A | 6,414,246 | D | |
| Common StockF2 | Jan 25, 2018 | F | 15,453 | $11.65 | D | 6,398,793 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 500,000 shares of restricted stock that will vest as follows: (i) 166,666 shares upon the affirmative final investment decision by the board of directors of the issuer with respect to the Driftwood LNG project (the "FID Date"), (ii) 166,667 shares upon the one-year anniversary of the FID Date, and (iii) 166,667 shares upon the two-year anniversary of the FID Date.
- F2These shares were withheld by the issuer in order to satisfy the reporting person's tax liability associated with the 61,601 shares of vested common stock.