Gregory Babcock - Jul 1, 2023 Form 4 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: Jul 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/3/2023, 07:28 PM
Previous filing: Mar 10, 2023
Next filing: Mar 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TALO	Common Stock	Award	$0	+3.33K	+7.27%	$0.00	49.2K	Jul 1, 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	+3.38K	+44.77%	$0.00	10.9K	Jul 1, 2023	Common Stock	3.38K		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 July 1, 2024, July 1, 2025 and July 1, 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.