| 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 | +31.5K | $0.00 | 31.5K | Mar 8, 2021 | Common Stock | 31.5K | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | These derivative securities were issued pursuant to the Talos Energy Inc. 2021 Long Term Incentive Plan (the "2021 LTIP"), which was adopted by the Issuer on March 8, 2021. If the Issuer's stockholders approve the 2021 LTIP at the Issuer's 2021 Annual Meeting of the Stockholders, each restricted stock unit will be settled in one share common stock, par value $0.01 per share ("common stock") of the Issuer. If the Issuer's stockholders do not approve the 2021 LTIP at the Issuer's 2021 Annual Meeting of the Stockholders, each restricted stock unit will be settled in an amount of cash equal in value to one share of common stock. |
| F2 | Each restricted stock unit will vest ratably on each of March 8, 2022, March 8, 2023 and March 8, 2024, in each case, subject to continued service and employment throughout the applicable vesting period. The restricted stock units are compensatory awards and were received for no cash consideration. |
| F3 | On March 9, 2021, the reporting person filed a Form 4 which inadvertently reported that he was granted 31,158 restricted stock units. This amended Form 4 is being filed for the purpose of amending and restating the disclosure regarding that transaction in the initial Form 4, to correctly reflect that the reporting person was granted 31,518 restricted stock units. |
Executive Vice President, General Counsel & Secretary