Martin Houston - Oct 8, 2024 Form 4 Insider Report for TELLURIAN INC. /DE/ (TELL)

Role
Director
Signature
/s/ Martin Houston
Stock symbol
TELL
Transactions as of
Oct 8, 2024
Transactions value $
$0
Form type
4
Date filed
10/8/2024, 07:12 PM
Previous filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TELL Common Stock Disposed to Issuer -14.2M -100% 0 Oct 8, 2024 Direct F1
transaction TELL Common Stock Disposed to Issuer -2.3M -100% 0 Oct 8, 2024 By spouse F1, F2
transaction TELL Common Stock Disposed to Issuer -650K -100% 0 Oct 8, 2024 By T.B.D. MH Family Trust LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Martin Houston is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On October 8, 2024, pursuant to the Agreement and Plan of Merger dated as of July 21, 2024 (the "Merger Agreement") by and among Woodside Energy Holdings (NA) LLC ("Parent"), Woodside Energy (Transitory) Inc. ("Merger Sub"), and Tellurian Inc. ("Tellurian"), Merger Sub merged with and into Tellurian (the "Merger"), with Tellurian surviving the Merger as a direct, wholly-owned subsidiary of Parent. Pursuant to the Merger Agreement, at the effective time of the Merger, the shares of Tellurian's common stock converted into the right to receive $1.00 per share in cash.
F2 A Form 5 of the Reporting Person filed on February 11, 2022 inadvertently reported that the Reporting Person's spouse owned 1,300,000 shares of Tellurian's common stock. In fact, the Reporting Person's spouse was the recipient of one of the gifts of 1,000,000 shares of Tellurian's common stock reported in such Form 5, and therefore such Form 5 should have reported that the Reporting Person's spouse owned 2,300,000 shares of Tellurian's common stock following such gift. This Form 4 corrects and restates the number of shares held by the Reporting Person's spouse.