4//SEC Filing
GRANMAYEH LANCE KIAN 4
Accession 0001104659-21-046680
CIK 0000061398other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 6:02 PM ET
Size
9.9 KB
Accession
0001104659-21-046680
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2021-04-05+5,365→ 45,325 total - Tax Payment
Common Stock
2021-04-05$2.49/sh−1,535$3,822→ 43,790 total - Exercise/Conversion
Restricted Stock Units
2021-04-01−6,543→ 6,543 total→ Common Stock (6,543 underlying)
Footnotes (3)
- [F1]As reported in the Reporting Person's Form 3 filed on March 12, 2020, each restricted stock unit represents a contingent right to receive one share of common stock of Tellurian Inc. ("Tellurian" or the "Issuer"), cash of equal value, or a combination of both. Pursuant to the Reporting Person's restricted stock unit agreement, each restricted stock unit must be settled no later than 30 days after the date of vesting.
- [F2]On March 6, 2020, the Reporting Person was granted 78,512 restricted stock units, vesting as follows: (i) 6,542 on each of June 1, 2020, July 1, 2020, August 1, 2020, and September 1, 2020 and (ii) 6,543 on each of October 1, 2020, November 1, 2020, December 1, 2020, January 1, 2021, February 1, 2021, March 1, 2021, April 1, 2021, and May 1, 2021.
- [F3]Subject to certain exceptions set forth in the Reporting Person's restricted stock unit agreement pursuant to the Tellurian Inc. Amended and Restated 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) by the issuer without Cause (as defined in the 2016 Tellurian Plan), or due to his death or Disability (as defined in the 2016 Tellurian Plan), all unvested restricted stock units shall remain open and continue to vest as if the Reporting Person has not experienced a Termination of Service.
Documents
Issuer
TELLURIAN INC. /DE/
CIK 0000061398
Entity typeother
Related Parties
1- filerCIK 0001806555
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 6:02 PM ET
- Size
- 9.9 KB