UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):    October 16, 2017            

 

 

 

LOGO

Tellurian Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-5507   06-0842255

(State or other jurisdiction of

incorporation)

   (Commission File Number)  

(I.R.S. Employer

Identification No.)

1201 Louisiana Street, Suite 3100, Houston, TX   77002
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code:    (832) 962-4000            

 

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 16, 2017, the Compensation Committee of the Board of Directors of Tellurian Inc. (the “Company”) approved the issuance to the Company’s named executive officers of non-qualified options under the Amended and Restated Tellurian 2016 Omnibus Incentive Compensation Plan in the amounts set forth below:

 

Name and principal position

    Number of shares
of common stock
underlying option
award		  

Meg A. Gentle

President and Chief Executive Officer

      161,000  

R. Keith Teague

Executive Vice President and Chief Operating Officer

      90,000  

Daniel A. Belhumeur

General Counsel

      80,000  

Antoine J. Lafargue

Senior Vice President and Chief Financial Officer

      75,000  

Khaled Sharafeldin

Chief Accounting Officer

      58,000  

The options will have a term of ten years and one-third of each grant will vest in each of the first three years following the grant date.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

TELLURIAN INC.
By:   /s/ Antoine J. Lafargue
Name:   Antoine J. Lafargue
Title:  

Senior Vice President and

Chief Financial Officer

Date: October 17, 2017