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