Joseph A. Mills - Mar 4, 2024 Form 4 Insider Report for TALOS ENERGY INC. (TALO)

Role: Director
Signature: /s/ William S. Moss III, attorney-in-fact
Stock symbol: TALO
Transactions as of: Mar 4, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/6/2024, 04:43 PM
Previous filing: Apr 14, 2023
Next filing: Apr 25, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TALO	Common Stock	Award		+6.5K			6.5K	Mar 4, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 4 reports securities acquired in connection with the transactions contemplated by that certain Agreement and Plan of Merger, dated as of January 13, 2024 (the "Merger Agreement"), by and among Talos Energy Inc. (the "Issuer"), QuarterNorth Energy, Inc. ("QuarterNorth") and the other parties thereto, in which Talos acquired QuarterNorth in a transaction through a merger (the "Transaction"). As partial consideration for the acquisition of QuarterNorth, the holders of common stock, par value $0.01 per share, of QuarterNorth ("QuarterNorth Common Stock") were entitled to receive shares of common stock, par value $0.01 per share of the Issuer ("Talos Common Stock"). On March 4, 2024,
F2	(Continued from footnote 1) the Transaction closed and as of immediately prior to closing the reporting person held a total of 2,343 shares of QuarterNorth Common Stock, which were converted into the right to receive 6,499 shares of Talos Common Stock in the accordance with the Merger Agreement. The closing price of Talos Common Stock on March 4, 2023 was $13.25 per share.

Content

This Form 4 reports securities acquired in connection with the transactions contemplated by that certain Agreement and Plan of Merger, dated as of January 13, 2024 (the "Merger Agreement"), by and among Talos Energy Inc. (the "Issuer"), QuarterNorth Energy, Inc. ("QuarterNorth") and the other parties thereto, in which Talos acquired QuarterNorth in a transaction through a merger (the "Transaction"). As partial consideration for the acquisition of QuarterNorth, the holders of common stock, par value $0.01 per share, of QuarterNorth ("QuarterNorth Common Stock") were entitled to receive shares of common stock, par value $0.01 per share of the Issuer ("Talos Common Stock"). On March 4, 2024,

(Continued from footnote 1) the Transaction closed and as of immediately prior to closing the reporting person held a total of 2,343 shares of QuarterNorth Common Stock, which were converted into the right to receive 6,499 shares of Talos Common Stock in the accordance with the Merger Agreement. The closing price of Talos Common Stock on March 4, 2023 was $13.25 per share.