Bain Capital Credit Member, Llc - Apr 20, 2023 Form 4 Insider Report for TALOS ENERGY INC. (TALO)

Role
10%+ Owner
Signature
Bain Capital Credit Member, LLC /s/ Michael Treisman, Partner and General Counsel
Stock symbol
TALO
Transactions as of
Apr 20, 2023
Transactions value $
-$5,275,158
Form type
4
Date filed
4/21/2023, 12:17 PM
Previous filing
Apr 7, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALO Common Stock Sale -$5.28M -364K -2.35% $14.50 15.1M Apr 20, 2023 See FN F1, F2, F3, F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction includes 240,000 shares of Common Stock ("Shares") sold by BCC EnVen Investments (S), L.P. ("BCC EnVen (S)") and 123,803 Shares sold by Bain Capital Credit, LP on behalf of various managed accounts.
F2 Bain Capital Credit Managed Account (E), L.P. directly holds 1,437,872 Shares. Bain Capital Credit Managed Account (PSERS), L.P. directly holds 207,382 Shares. Bain Capital Distressed & Special Situations 2013 (AIV I), L.P. directly holds 3,607,477 Shares. Bain Capital Distressed & Special Situations 2013 (B), L.P. directly holds 425,945 Shares. Bain Capital Distressed & Special Situations 2016 (A), L.P. directly holds 1,298,868 Shares. Bain Capital Distressed & Special Situations 2016 (F), L.P. directly holds 1,131,519 Shares. Sankaty Credit Opportunities IV, L.P. directly holds 1,129,580 Shares. BCC EnVen Investments (2016), L.P. directly holds 2,170,800 Shares. (cont'd)
F3 BCC EnVen (S) directly holds 382,157 Shares. With respect to BCC EnVen (S) and each of the entities listed in footnote 1, (the "BCCM Holders"), Bain Capital Credit Member, LLC ("BCCM") may be deemed to have voting and dispositive power of the aggregate 12,031,600 shares of Common Stock directly held by the BCCM Holders.
F4 BCC EnVen Investments (2013), L.P. ("BCC EnVen 2013") directly holds 2,875,746 shares of Common Stock. Bain Capital Credit Member II, LLC ("BCCM II") is the GP of BCC EnVen 2013. BCCM II may be deemed to have voting and dispositive power over 2,875,746 shares of Common Stock held by BCC EnVen 2013.
F5 Bain Capital Credit, LP ("BCC") serves as investment manager to various client accounts, and, in this capacity, has voting and dispositive power over 478,031 shares of Common Stock directly held in such managed accounts.
F6 Each Reporting Person, BCCM, BCCM Holder, BCC, and BCC EnVen 2013 disclaim beneficial ownership of the reported securities except to the extent of such person's pecuniary interest therein, and the filing of this Form 3 shall not be deemed an admission by any of the foregoing of beneficial ownership of such shares for the purposes of Section 16 or for any other purpose.
F7 Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.