Diana Derycz Kessler - 08 Oct 2024 Form 4 Insider Report for TELLURIAN INC. /DE/

Role
Director
Signature
/s/ Diana Derycz-Kessler
Issuer symbol
N/A
Transactions as of
08 Oct 2024
Net transactions value
$0
Form type
4
Filing time
08 Oct 2024, 19:12:47 UTC
Previous filing
26 Jul 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 Disposed to Issuer -1,050,000 -100% 0 08 Oct 2024 By Bristol Investment Fund, Ltd. F1, F2
transaction TELL Common Stock Disposed to Issuer -285,248 -100% 0 08 Oct 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Diana Derycz Kessler is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Although Ms. Derycz-Kessler's spouse, Paul Kessler, had voting and investment control over the shares of common stock of Tellurian Inc. ("Tellurian") held by Bristol Investment Fund, Ltd., a Cayman Islands company that is affiliated with Ms. Derycz-Kessler and her spouse ("Bristol Fund"), Ms. Derycz-Kessler may have been deemed to have a pecuniary interest in the shares of Tellurian common stock held by Bristol Fund.
F2 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, 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.