SEC Form 4 · accession 0000899243-18-008551
TELLURIAN INC. /DE/ · TELL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Diana Derycz Kessler
Director
Period of report
Mar 23, 2018
Accepted (ET)
Mar 27, 2018 · 7:00 am 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 | Mar 23, 2018 | P | 75,000 | $7.3928 | A | 2,100,000 | I | By Bristol Investment Fund, Ltd. |
| Common StockF3,F2 | Mar 26, 2018 | P | 50,000 | $6.6757 | A | 2,150,000 | I | By Bristol Investment Fund, Ltd. |
| Common Stock | holding | — | — | — | 36,415 | D | ||
| Common Stock | holding | — | — | — | 524 | I | By son | |
| Common Stock | holding | — | — | — | 89 | I | By spouse and step-daughter |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.17 to $7.50, inclusive. Ms. Derycz-Kessler undertakes to provide to Tellurian Inc., any security holder of Tellurian Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (3) to this Form 4.
- F2Although Ms. Derycz-Kessler's spouse, Paul Kessler, has voting and investment control over the shares of Common Stock held by Bristol Investment Fund, Ltd., a Cayman Islands company that is affiliated with Ms. Derycz-Kessler and her spouse ("Bristol Fund"), Ms. Derycz-Kessler may be deemed to have a pecuniary interest in the shares of Common Stock held by Bristol Fund.
- F3The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.63 to $6.69, inclusive.