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

Reporting relationship: Former EVP and COO
Issuer ticker: N/A
Reported as of: 31 Dec 2022
Net transaction value: $0
SEC form: 5
Accepted by SEC: 10 Feb 2023, 15:08:20 UTC
Prior SEC filing: 03 Aug 2021
Next SEC filing: 06 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Daniel Belhumeur under Power of Attorney by R. Keith Teague

Key filing fact

R. Keith Teague filed Form 5 for TELLURIAN INC. /DE/ on 10 Feb 2023.

Key facts

This page summarizes R. Keith Teague's Form 5 filing for TELLURIAN INC. /DE/.
8 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 10 Feb 2023, 15:08.

Change

Previous filing in this sequence was filed on 03 Aug 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 5 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TELL transaction

Common Stock

Gift

Transaction value: $0
Shares: -180,000
Change %: -20%
Price: $0.000000
Shares after: 701,300
Date: 08 Mar 2022
Ownership: By RKT 2020 GRAT
Footnotes: F1

TELL transaction

Common Stock

Gift

Transaction value: $0
Shares: -701,300
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Mar 2022
Ownership: By RKT 2020 GRAT
Footnotes: F1

TELL transaction

Common Stock

Gift

Transaction value: $0
Shares: -180,000
Change %: -20%
Price: $0.000000
Shares after: 701,300
Date: 08 Mar 2022
Ownership: By KAT 2020 GRAT
Footnotes: F1

TELL transaction

Common Stock

Gift

Transaction value: $0
Shares: -701,300
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Mar 2022
Ownership: By KAT 2020 GRAT
Footnotes: F1

TELL transaction

Common Stock

Gift

Transaction value: $0
Shares: -75,000
Change %: -18%
Price: $0.000000
Shares after: 345,000
Date: 08 Jun 2022
Ownership: By RKT 2021 GRAT
Footnotes: F2

TELL transaction

Common Stock

Gift

Transaction value: $0
Shares: -75,000
Change %: -18%
Price: $0.000000
Shares after: 345,000
Date: 08 Jun 2022
Ownership: By KAT 2021 GRAT
Footnotes: F2

TELL transaction

Common Stock

Gift

Transaction value: $0
Shares: -38,323
Change %: -11%
Price: $0.000000
Shares after: 306,677
Date: 19 Jul 2022
Ownership: By KAT 2021 GRAT
Footnotes: F2

TELL transaction

Common Stock

Gift

Transaction value: $0
Shares: -38,323
Change %: -11%
Price: $0.000000
Shares after: 306,677
Date: 19 Jul 2022
Ownership: By RKT 2021 GRAT
Footnotes: F2

TELL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 787,715
Date: 31 Dec 2022
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

R. Keith Teague is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote 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.

Footnote 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.