Paula R. Glover - May 12, 2022 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, 2022
Transactions value $
-$72,266
Form type
4
Date filed
5/16/2022, 04:45 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 +10.3K 10.3K May 12, 2022 Direct F1
transaction TALO Common Stock Disposed to Issuer -$72.3K -4.11K -40% $17.60 6.16K May 12, 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 -10.3K -100% $0.00* 0 May 12, 2022 Common Stock 10.3K 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") were granted on May 12, 2021, vested on May 12, 2022, and settled on May 12, 2022. The RSUs represent the economic equivalent of one share of common stock, par value $0.01 per share (the "Common Stock") of Talos Energy Inc. Pursuant to the terms of the applicable award agreement, 60% of the RSUs were settled in Common Stock and 40% were settled in cash.
F2 Pursuant to the terms of the applicable award agreement, 40% of the RSUs originally granted on May 12, 2021, which were settled on May 12, 2022, were settled in cash.