III Shannon E. Young - 08 Mar 2023 Form 4 Insider Report for TALOS ENERGY INC. (TALO)

Role
Executive Vice President & Chief Financial Officer
Signature
/s/ William S. Moss III, attorney-in-fact
Issuer symbol
TALO
Transactions as of
08 Mar 2023
Net transactions value
-$684,335
Form type
4
Filing time
10 Mar 2023, 10:12:54 UTC
Previous filing
08 Mar 2023
Next filing
10 Jul 2023
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 +13,028 +4.1% 331,450 08 Mar 2023 Direct F1
transaction TALO Common Stock Tax liability $684,335 -45,501 -14% $15.04 285,949 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 -13,028 -50% $0.000000 13,028 08 Mar 2023 Common Stock 13,028 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 & Chief Financial Officer