Charles M. Sledge - May 14, 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
May 14, 2024
Transactions value $
-$20,725
Form type
4
Date filed
5/15/2024, 04:05 PM
Previous filing
Apr 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALO Common Stock Options Exercise +4.18K +12.59% 37.3K May 14, 2024 Direct F1
transaction TALO Common Stock Disposed to Issuer -$20.7K -1.67K -4.47% $12.41 35.7K May 14, 2024 Direct

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 -4.18K -100% $0.00* 0 May 14, 2024 Common Stock 4.18K 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") were granted on May 21, 2018 and vested on May 14, 2019. The reporting person elected to defer settlement to the five-year anniversary of the vesting date. The RSUs represent the economic equivalent of one share of common stock, par value $0.01 per share (a "Share") of Talos Energy Inc. The RSUs were granted pursuant to the Talos Energy Inc. 2021 Long Term Incentive Plan. Pursuant to the terms of the award agreement, 60% of the RSUs were settled in Shares and 40% were settled in cash.