Paula R. Glover - May 12, 2021 Form 4 Insider Report for TALOS ENERGY INC. (TALO)

Role
Director
Signature
/s/ William S. Moss III, attorney-in-fact
Stock symbol
TALO
Transactions as of
May 12, 2021
Transactions value $
$0
Form type
4
Date filed
5/14/2021, 05:03 PM
Next filing
Sep 30, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TALO Restricted Stock Units Award $0 +10.3K $0.00 10.3K May 12, 2021 Common Stock 10.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units ("RSUs") represent the economic equivalent of one share of common stock, par value $0.01 per share, of Talos Energy Inc., a Delaware corporation ("Common Stock"). The RSUs represent a contingent right to receive 60% of such RSUs in shares of Common Stock and 40% of such RSUs in cash.
F2 The RSUs will vest on May 12, 2022, generally subject to continued service on the Board. Vested shares of Common Stock and cash will be delivered to the reporting person following the vesting date.