Sergio L. Maiworm Jr. - 01 Jul 2023 Form 3/A Insider Report for TALOS ENERGY INC. (TALO)

Role
Chief Financial Officer and Senior Vice President.
Signature
/s/ William S. Moss, attorney-in-fact
Issuer symbol
TALO
Transactions as of
01 Jul 2023
Net transactions value
$0
Form type
3/A
Filing time
15 Feb 2024, 20:03:52 UTC
Date Of Original Report
03 Jul 2023
Next filing
07 Mar 2024
SEC
View on sec.gov

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
holding TALO Performance Share Unit 01 Jul 2023 Common Stock 7,862 Direct F1, F2
holding TALO Performance Share Unit 01 Jul 2023 Common Stock 7,555 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These performance share units ("PSUs") were granted to the reporting person on March 5, 2022 and were inadvertently omitted from the reporting person's original Form 3 filed in connection with the reporting person's appointment as a Section 16 officer of Talos Energy Inc. (the "Issuer") on July 1, 2023.
F2 Each PSU represents a contingent right to receive one share of common stock, par value $0.01 per share (a "Share") of the Issuer. 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. The PSUs were issued to the reporting person pursuant to the Talos Energy Inc. 2021 Long Term Incentive Plan (the "LTIP") on March 5, 2022, prior to such reporting person becoming a Section 16 officer of the Issuer.
F3 These PSUs were granted to the reporting person on March 5, 2023 and were inadvertently omitted from the reporting person's original Form 3 filed in connection with the reporting person's appointment as a Section 16 officer of the Issuer on July 1, 2023.
F4 Each 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. The PSUs were issued to the reporting person pursuant to the LTIP on March 5, 2023, prior to such reporting person becoming a Section 16 officer of the Issuer.

Remarks:

Chief Financial Officer and Senior Vice President.