4//SEC Filing
TELLURIAN INC. /DE/ 4
Accession 0000061398-17-000017
CIK 0000061398operating
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:41 PM ET
Size
15.8 KB
Accession
0000061398-17-000017
Insider Transaction Report
Form 4
Lafargue Antoine Jean
Chief Financial Officer
Transactions
- Award
Common Stock
2017-02-10+800,000→ 878,051 total - Disposition to Issuer
Common Stock
2017-02-10−62,500→ 815,551 total - Disposition to Issuer
Employee Stock Option (right to buy)
2017-02-10−50,000→ 0 totalExercise: $14.72Exp: 2020-08-02→ Common Stock (50,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2017-02-10−75,000→ 0 totalExercise: $8.80Exp: 2021-11-30→ Common Stock (75,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2017-02-10−103,123→ 0 totalExercise: $8.24Exp: 2023-10-15→ Common Stock (103,123 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2017-02-10−31,250→ 0 totalExercise: $14.40From: 2016-08-01Exp: 2024-10-31→ Common Stock (31,250 underlying)
Footnotes (6)
- [F1]On February 10, 2017, pursuant to his employment agreement with Tellurian Services LLC, an indirect subsidiary of the issuer, dated as of February 9, 2017 (the "Employment Agreement"), the reporting person was granted 800,000 shares of restricted common stock. The restricted common stock award consists of (i) 150,000 shares that vest in equal quarterly installments over an 18-month period starting on the grant date, subject to continued employment through each applicable vesting date and (ii) 650,000 shares that vest upon the affirmative investment decision by the board of directors of the issuer.
- [F2]On February 10, 2017, the reporting person forfeited 62,500 shares of common stock pursuant to the Employment Agreement.
- [F3]These stock options vested equally over three years beginning on August 2, 2011 through August 2, 2013
- [F4]On February 10, 2017, pursuant to the Employment Agreement, the reporting person forfeited these vested stock options and the 62,500 shares of restricted common stock referenced in footnote (2) above in exchange for the 800,000 shares of restricted common stock referenced in footnote (1) above.
- [F5]50,000 of these stock option vested equally over two years beginning on November 11, 2012 through November 11, 2013. The remaining 25,000 stock options vested on March 31, 2014.
- [F6]25,780 of these stock options vested on March 31, 2014. The remaining 77,343 shares vested on August 1, 2016.
Documents
Issuer
TELLURIAN INC. /DE/
CIK 0000061398
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000061398
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 5:41 PM ET
- Size
- 15.8 KB