Gregory Babcock - Mar 5, 2022 Form 4/A - Amendment Insider Report for TALOS ENERGY INC. (TALO)

Role: Chief Accounting Officer
Signature: /s/ William S. Moss III, attorney-in-fact
Stock symbol: TALO
Transactions as of: Mar 5, 2022
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 9/30/2022, 05:39 PM
Date Of Original Report: Mar 8, 2022
Previous filing: Jun 4, 2021
Next filing: Mar 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TALO	Common Stock	Award	$0	+7.86K	+64.59%	$0.00	20K	Mar 5, 2022	Direct	F1, F2
holding	TALO	Common Stock						40.4K	Mar 5, 2022	Direct	F3

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	Performance Share Unit	Award	$0	+7.86K		$0.00	7.86K	Mar 5, 2022	Common Stock	7.86K		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per share (a "Share"), of Talos Energy Inc. (the "Issuer"). The RSUs were issued pursuant to the Talos Energy Inc. Long Term Incentive Plan and will vest ratably on each of March 5, 2023, March 5, 2024 and March 5, 2025.
F2	On March 8, 2022, the reporting person filed a Form 4, which inadvertently reported that he was granted 7,380 RSUs. 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 7,862 RSUs.
F3	On March 8, 2022, the reporting person filed a Form 4, which inadvertently reported in Table I, column 5 that the amount of securities beneficially owned following the three reported transactions was 38,504 Shares. This amended Form 4 is being filed for the purpose of amending the disclosure. The reporting person beneficially owned, as of the date of the original Form 4 filed on March 8, 2022, 38,986 Shares, and the reporting person beneficially owns, as of the date of this amended filing, 40,416 Shares.
F4	Each performance share unit ("PSU") represents a contingent right to receive one Share. Between 0% and 200% of the target number of PSUs granted are eligible to vest based on continued employment and the Issuer's annualized absolute total shareholder return over the period from January 1, 2022 through December 31, 2024.
F5	On March 8, 2022, the reporting person filed a Form 4, which inadvertently reported that he was granted 7,380 PSUs. 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 7,862 PSUs.