Timothy S. Duncan - Mar 5, 2023 Form 4 Insider Report for TALOS ENERGY INC. (TALO)

Role
President & Chief Executive Officer, Director
Signature
/s/ William S. Moss III, attorney-in-fact
Stock symbol
TALO
Transactions as of
Mar 5, 2023
Transactions value $
$0
Form type
4
Date filed
3/8/2023, 04:56 PM
Previous filing
Jun 9, 2022
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALO Common Stock Award $0 +85K +10.95% $0.00 861K Mar 5, 2023 Direct F1

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 +85K $0.00 85K Mar 5, 2023 Common Stock 85K Direct F2
* 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. 2021 Long Term Incentive Plan (the "LTIP") and will vest ratably on each of March 5, 2024, March 5, 2025 and March 5, 2026.
F2 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, 2023 through December 31, 2025.

Remarks:

President & Chief Executive Officer