Tellurian Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

9 Months Ended

Mar. 31, 2014

The following table summarizes the Company's treasury stock activity as follows:



	NINE MONTHS ENDED			FISCAL YEAR ENDED
	March 31, 2014			June 30, 2013
	Number of shares	Amount		Number of shares	Amount
	(In thousands, except share amounts)
Fiscal year opening balance	9,414,176	$	9,333	—	$	—
Repurchases through the stock repurchase program	—	—		149,539	137
Repurchase through the Collateral Agreement ⁽¹⁾	—	—		9,264,637	9,196
Net shares repurchased for employee tax costs upon vesting of restricted stock	10,938	11		—	—
Balance at March 31, 2014	9,425,114	$	9,344	9,414,176	$	9,333

⁽¹⁾ Purchase price of $10.0 million reduced by the fair value of the warrant.

- Definition

Tabular disclosure of an entity's treasury stock, including the average cost per share, carrying basis for each class of treasury stock, description of share repurchase program authorized by an entity's board of directors, the number of shares repurchased, the cost of the shares repurchased, the remaining maximum dollar value of shares available for repurchase under the program, the treatment of the purchase price in excess of the current market value, number of shares held for each class of treasury stock, and other information necessary to a fair presentation.

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