William S. Moss III - 08 Mar 2023 Form 4 Insider Report for TALOS ENERGY INC. (TALO)

Role: Executive Vice President, General Counsel & Secretary
Signature: /s/ William S. Moss III
Issuer symbol: TALO
Transactions as of: 08 Mar 2023
Net transactions value: -$535,228
Form type: 4
Filing time: 10 Mar 2023, 10:10:45 UTC
Previous filing: 08 Mar 2023
Next filing: 07 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TALO	Common Stock	Options Exercise		+10,506	+4%		274,242	08 Mar 2023	Direct	F1
transaction	TALO	Common Stock	Tax liability	$535,228	-35,587	-13%	$15.04	238,655	08 Mar 2023	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	-10,506	-50%	$0.000000	10,506	08 Mar 2023	Common Stock	10,506		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, 2023 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, General Counsel & Secretary