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TELL Tellurian Inc

0.439
0.0132 (3.10%)
Pre Market
Last Updated: 11:28:49
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tellurian Inc AMEX:TELL AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.0132 3.10% 0.439 34,200 11:28:49

Statement of Changes in Beneficial Ownership (4)

11/09/2020 9:16pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Teague R Keith
2. Issuer Name and Ticker or Trading Symbol

TELLURIAN INC. /DE/ [ TELL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP and COO
(Last)          (First)          (Middle)

1201 LOUISIANA STREET, SUITE 3100
3. Date of Earliest Transaction (MM/DD/YYYY)

9/10/2020
(Street)

HOUSTON, TX 77002
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 9/10/2020  M  14117 (1)A (2)3847804 D  
Common Stock 9/10/2020  F  4193 D$0.9172 3843611 D  
Common Stock         1301300 I By RKT 2018 GRAT 
Common Stock         1301300 I By KAT 2018 GRAT 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) As reported in the Reporting Person's Form 4 filed on September 3, 2020, 17,217 of the Reporting Person's restricted stock units vested on September 1, 2020. On September 10, 2020, Tellurian Inc. ("Tellurian" or the "Issuer") settled the vested restricted stock units in a combination of shares of common stock of Tellurian and cash, the stock portion of which settlement is reflected in Table I hereof.
(2) 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, cash of equal value, or a combination of both.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Teague R Keith
1201 LOUISIANA STREET, SUITE 3100
HOUSTON, TX 77002


EVP and COO

Signatures
/s/ Daniel Belhumeur under Power of Attorney by R. Keith Teague9/11/2020
**Signature of Reporting PersonDate

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