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
  1. The reported transaction was an involuntary sale effected by a lender to satisfy certain loan requirements.
  2. 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.
  3. 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.
  4. 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.
  5. 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.