R. Keith Teague - 31 Dec 2022 Form 5 Insider Report for TELLURIAN INC. /DE/

Role
Former EVP and COO
Signature
/s/ Daniel Belhumeur under Power of Attorney by R. Keith Teague
Issuer symbol
N/A
Transactions as of
31 Dec 2022
Net transactions value
$0
Form type
5
Filing time
10 Feb 2023, 15:08:20 UTC
Previous filing
03 Aug 2021
Next filing
06 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TELL Common Stock Gift $0 -180,000 -20% $0.000000 701,300 08 Mar 2022 By RKT 2020 GRAT F1
transaction TELL Common Stock Gift $0 -701,300 -100% $0.000000* 0 15 Mar 2022 By RKT 2020 GRAT F1
transaction TELL Common Stock Gift $0 -180,000 -20% $0.000000 701,300 08 Mar 2022 By KAT 2020 GRAT F1
transaction TELL Common Stock Gift $0 -701,300 -100% $0.000000* 0 15 Mar 2022 By KAT 2020 GRAT F1
transaction TELL Common Stock Gift $0 -75,000 -18% $0.000000 345,000 08 Jun 2022 By RKT 2021 GRAT F2
transaction TELL Common Stock Gift $0 -75,000 -18% $0.000000 345,000 08 Jun 2022 By KAT 2021 GRAT F2
transaction TELL Common Stock Gift $0 -38,323 -11% $0.000000 306,677 19 Jul 2022 By KAT 2021 GRAT F2
transaction TELL Common Stock Gift $0 -38,323 -11% $0.000000 306,677 19 Jul 2022 By RKT 2021 GRAT F2
holding TELL Common Stock 787,715 31 Dec 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

R. Keith Teague is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In March 2020, 1,301,300 shares of common stock of Tellurian Inc. ("Tellurian") were transferred to each of RKT 2020 GRAT and KAT 2020 GRAT (collectively, the "2020 GRATs"), grantor retained annuity trusts for the benefit of the two adult children of the Reporting Person and his spouse, from which 2020 GRATs 420,000 shares of Tellurian common have since been transferred to RKT 2021 GRAT and KAT 2021 GRAT. Upon termination of the 2020 GRATs in March 2022, 701,300 shares of Tellurian common stock from each 2020 GRAT were transferred to the Reporting Person's children or to trusts for the benefit of such children. The remaining 180,000 shares of Tellurian common stock from each 2020 GRAT was distributed to joint accounts of the Reporting Person and his spouse and are reported in this Form 5 as directly owned.
F2 On June 8, 2022, 75,000 shares of Tellurian common stock from each of RKT 2021 GRAT and KAT 2021 GRAT were distributed to joint accounts of the Reporting Person and his spouse and are reported in this Form 5 as directly owned. On July 19, 2022, 38,323 shares of Tellurian common stock from each of RKT 2021 GRAT and KAT 2021 GRAT were distributed to joint accounts of the Reporting Person and his spouse and are reported in this Form 5 as directly owned.