0001104659-21-046679.txt : 20210405
0001104659-21-046679.hdr.sgml : 20210405
20210405180058
ACCESSION NUMBER: 0001104659-21-046679
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210401
FILED AS OF DATE: 20210405
DATE AS OF CHANGE: 20210405
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Teague R Keith
CENTRAL INDEX KEY: 0001372322
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05507
FILM NUMBER: 21807084
MAIL ADDRESS:
STREET 1: 700 MILAM
STREET 2: SUITE 800
CITY: HOUSTON
STATE: TX
ZIP: 77002
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TELLURIAN INC. /DE/
CENTRAL INDEX KEY: 0000061398
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 060842255
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1201 LOUISIANA STREET
STREET 2: SUITE 3100
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 832-962-4000
MAIL ADDRESS:
STREET 1: 1201 LOUISIANA STREET
STREET 2: SUITE 3100
CITY: HOUSTON
STATE: TX
ZIP: 77002
FORMER COMPANY:
FORMER CONFORMED NAME: MAGELLAN PETROLEUM CORP /DE/
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: MAGELLAN PETROLEUM CORP PANAMA
DATE OF NAME CHANGE: 19671130
4
1
tm2111606-3_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-04-01
0
0000061398
TELLURIAN INC. /DE/
TELL
0001372322
Teague R Keith
1201 LOUISIANA STREET,
SUITE 3100
HOUSTON
TX
77002
0
1
0
0
EVP and COO
Common Stock
2021-04-05
4
M
0
14118
A
3915562
D
Common Stock
2021-04-05
4
F
0
4193
2.49
D
3911369
D
Common Stock
1301300
I
By RKT 2020 GRAT
Common Stock
1301300
I
By KAT 2020 GRAT
Restricted Stock Units
2021-04-01
4
M
0
17218
0.00
D
Common Stock
17218
68872
D
As reported in the Reporting Person's Form 4 filed on August 6, 2020, each restricted stock unit represents a contingent right to receive on or within thirty days after vesting one share of common stock of Tellurian Inc. ("Tellurian" or the "Issuer"), cash of equal value, or a combination of both.
On August 4, 2020, the Reporting Person was granted 206,611 restricted stock units which, subject to the Reporting Person's continued employment or other service to Tellurian and its subsidiaries through the applicable vesting dates, vest as follows: 17,217 units on each of September 1, 2020, October 1, 2020, November 1, 2020, December 1, 2020, and January 1, 2021 and 17,218 units on each of February 1, 2021, March 1, 2021, April 1, 2021, May 1, 2021, June 1, 2021, July 1, 2021, and August 1, 2021.
Subject to certain exceptions set forth in the Reporting Person's restricted stock unit agreement pursuant to the Amended and Restated Tellurian Inc. 2016 Omnibus Incentive Compensation Plan (as amended and restated from time to time, the "2016 Tellurian Plan"), if the Reporting Person experiences a Termination of Service (as defined in the 2016 Tellurian Plan) for any reason, then the Reporting Person must forfeit to the Issuer, without compensation, any restricted stock units that are unvested as of the date of such Termination of Service; provided, however, that in the event the Reporting Person experiences a Termination of Service due to his death or Disability (as defined in the 2016 Tellurian Plan) or by the Issuer without Cause (as defined in the Reporting Person's restricted stock unit agreement),
(Continued from footnote 3) all restricted stock units that are unvested as of the date of such Termination of Service must remain outstanding and be subject to vesting as if the Reporting Person has not experienced a Termination of Service, subject to certain conditions set forth in the Reporting Person's restricted stock unit agreement.
/s/ Daniel Belhumeur under Power of Attorney by R. Keith Teague
2021-04-05