0000899243-20-030189.txt : 20201103 0000899243-20-030189.hdr.sgml : 20201103 20201103104155 ACCESSION NUMBER: 0000899243-20-030189 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201101 FILED AS OF DATE: 20201103 DATE AS OF CHANGE: 20201103 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: 201282257 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 doc4.xml FORM 4 SUBMISSION X0306 4 2020-11-01 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 2020-11-03 4 M 0 14117 A 3867652 D Common Stock 2020-11-03 4 F 0 4193 0.96 D 3863459 D Common Stock 1301300 I By RKT 2018 GRAT Common Stock 1301300 I By KAT 2018 GRAT Restricted Stock Units 2020-11-01 4 M 0 17217 0.00 D Common Stock 17217 154960 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 2020-11-03