Filing Details
- Accession Number:
- 0000899243-20-007107
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-04 21:43:40
- Reporting Period:
- 2020-03-02
- Accepted Time:
- 2020-03-04 21:43:40
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
61398 | Tellurian Inc. | TELL | Crude Petroleum & Natural Gas (1311) | 060842255 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1241054 | Charif Souki | 1201 Louisiana Street, Suite 3100 Houston TX 77002 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2020-03-02 | 4,493,000 | $1.72 | 17,505,861 | No | 4 | S | Indirect | By Souki Family 2016 Trust |
Common Stock | Disposition | 2020-03-03 | 3,642,673 | $1.64 | 13,863,188 | No | 4 | S | Indirect | By Souki Family 2016 Trust |
Common Stock | Disposition | 2020-03-04 | 9,853,004 | $1.40 | 4,010,184 | No | 4 | S | Indirect | By Souki Family 2016 Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By Souki Family 2016 Trust |
No | 4 | S | Indirect | By Souki Family 2016 Trust |
No | 4 | S | Indirect | By Souki Family 2016 Trust |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 28,533,853 | Direct |
Footnotes
- The reported transaction was an involuntary sale effected by a lender to satisfy certain loan requirements.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.50 to $1.95, inclusive. The Reporting Person undertakes to provide to Tellurian Inc. ("Tellurian"), any security holder of Tellurian, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote 2 to this Form 4.
- The shares of Common Stock denoted as being indirectly beneficially owned by the Reporting Person are held by the Souki Family 2016 Trust (the "Trust"). After the closing of regular trading hours on March 4, 2020, the Reporting Person resigned as the trustee of the Trust; therefore, the Reporting Person no longer beneficially owns the shares of Common Stock held by the Trust.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.56 to $1.83, inclusive. The Reporting Person undertakes to provide to Tellurian, any security holder of Tellurian, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote 4 to this Form 4.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.38 to $1.66, inclusive. The Reporting Person undertakes to provide to Tellurian, any security holder of Tellurian, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote 5 to this Form 4.