Robert D. Abendschein - Mar 8, 2022 Form 4 Insider Report for TALOS ENERGY INC. (TALO)

Signature
/s/ William S. Moss III, attorney-in-fact
Stock symbol
TALO
Transactions as of
Mar 8, 2022
Transactions value $
-$43,937
Form type
4
Date filed
3/10/2022, 04:57 PM
Previous filing
Sep 30, 2022
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALO Common Stock Options Exercise +10.1K +3.95% 266K Mar 8, 2022 Direct F1
transaction TALO Common Stock Tax liability -$43.9K -2.52K -0.95% $17.47 263K Mar 8, 2022 Direct F2

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 Options Exercise $0 -10.1K -33.33% $0.00 20.2K Mar 8, 2022 Common Stock 10.1K Direct F1
* 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") vested on March 8, 2022 and were issued pursuant to the Talos Energy Inc. 2021 Long Term Incentive Plan, which was adopted on March 8, 2021. The RSUs were settled on a one-for-one basis in common stock, par value $0.01 per share (the "Common Stock"), of Talos Energy Inc.
F2 Represents shares of Common Stock withheld to satisfy tax withholding obligations upon the vesting of previously granted RSUs.

Remarks:

Executive Vice President & Head of Operations