0001104659-22-003325.txt : 20220111 0001104659-22-003325.hdr.sgml : 20220111 20220111215015 ACCESSION NUMBER: 0001104659-22-003325 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220106 FILED AS OF DATE: 20220111 DATE AS OF CHANGE: 20220111 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GRANMAYEH LANCE KIAN CENTRAL INDEX KEY: 0001806555 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-05507 FILM NUMBER: 22525430 MAIL ADDRESS: STREET 1: 1201 LOUISIANA STREET STREET 2: SUITE 3100 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 tm222710-1_4seq1.xml OWNERSHIP DOCUMENT X0306 4 2022-01-06 0 0000061398 TELLURIAN INC. /DE/ TELL 0001806555 GRANMAYEH LANCE KIAN 1201 LOUISIANA STREET, SUITE 3100 HOUSTON TX 77002 0 1 0 0 CFO Restricted Stock Units 2022-01-06 4 A 0 174942 0.00 A Common Stock 174942 174942 D Each restricted stock unit represents a contingent right to receive one share of common stock of Tellurian Inc. ("Tellurian"), cash of equal value, or a combination of both. Pursuant to the Reporting Person's restricted stock unit agreement under the Tellurian Inc. Amended and Restated 2016 Omnibus Incentive Compensation Plan, each restricted stock unit must be settled no later than 30 days after the date of vesting. The restricted stock units vest as follows: (i) 58,314 units upon the affirmative final investment decision by the board of directors of Tellurian with respect to the Driftwood LNG project (the "FID Date"), (ii) 58,314 units upon the one-year anniversary of the FID Date, and (iii) 58,314 units upon the two-year anniversary of the FID Date. In the event that the Reporting Person's employment with Tellurian or its affiliates is terminated due to the Reporting Person's death or disability, or by Tellurian without "Cause" (as defined in the restricted stock unit agreement), any unvested restricted stock units will remain outstanding and eligible to vest based on the original vesting schedule, provided that if the FID Date has not occurred as of the date of the Reporting Person's termination of employment and does not occur within one year following such termination, any unvested restricted stock units will be forfeited. In addition, in the event that the Reporting Person's employment with Tellurian or its affiliates is terminated by Tellurian without Cause or by the Reporting Person with "Good Reason" (as defined in the restricted stock unit agreement), in either case within one year following a "Change in Control" (as defined in the restricted stock unit agreement), all unvested restricted stock units will fully vest as of the date of such termination. /s/ Daniel Belhumeur under Power of Attorney by Lance Kian Granmayeh 2022-01-11