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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
Tellurian, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
879674109
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 (Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No. 879674109 13G
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ronald Swallow ###-##-####
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) | |
(b) | |
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5. SOLE VOTING POWER
297,908
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NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY -----------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 297,908
WITH -----------------------------------------------
8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
297,908
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
Excludes options to purchase 73,000 shares which become exercisable
on July 1, 1997
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.8%
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12. TYPE OF REPORTING PERSON*
IN
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SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. 879674109 13G
Item 1.
(a) Name of Issuer
Tellurian, Inc.
(b) Address of Issuer's Principal Executive Offices
300K Route 17 South, Mahwah, NJ 07430
Item 2.
(a) Name of Person Filing
Ronald Swallow
(b) Address of Principal Business Office or, if none, Residence
300K Route 17 South, Mahwah, NJ 07430
(c) Citizenship
U.S.A.
(d) Title of class of Securities
Common Stock, $.01 par value
(e) CUSIP Number
879674109
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) |_| Broker or dealer registered under Section 15 of the Act
(b) |_| Bank as defined in Section 3(a)(6) of the Act
(c) |_| Insurance Company as defined in Section 3(a)(19) of the Act
(d) |_| Investment Company registered under Section 8 of the Investment
Company Act
(e) |_| Investment Adviser registered under Section 203 of the Investment
Advisers Act of 1940
(f) |_| Employee Benefit Plan, Pension fund which is subject to the
provisions of the Employee retirement Income Security Act of 1974 or
Endowment Fund; see ss.240.13d-1(b)(1)(ii)(F)
(g) |_| Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G)
(Note: See Item 7)
(h) |_| Group, in accordance with ss.240.13d-1(ii)(H)
(i) |X| Greater than 5% owned at the time Tellurian, Inc. became a reporting
company under Section 12(G) of the Exchange Act of 1934, as amended.
Item 4. Ownership
Dr. Ronald Swallow beneficially owns and has the sole power to vote and
dispose of 297,908 shares of Tellurian, Inc.'s Common Stock, $.01 par
value, which represents 9.8% of Tellurian's shares. He also owns
options to purchase 73,000 shares at an exercise price of $5.00 per
share, which options become exercisable on or after July 1, 1997.
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Item 5. Ownership of Five Percent or Less of a Class
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Bring Reported on by the Parent Holding Company
N/A
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
The following certification shall be included if the statement is
filed pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course
of business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of such securities
and were not acquired in connection with or as a participant in any
transaction having such purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 11, 1997
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Date
/s/ Ronald Swallow
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Signature
Ronald Swallow
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Name/Title
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