Neal P. Goldman - Mar 5, 2025 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 5, 2025
Transactions value $: -$95,855
Form type: 4
Date filed: 3/7/2025, 04:05 PM
Previous filing: Jan 22, 2025
Next filing: Mar 11, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TALO	Common Stock	Options Exercise		+18K	+39.72%		63.3K	Mar 5, 2025	Direct	F1
transaction	TALO	Common Stock	Options Exercise		+10.3K	+16.3%		73.6K	Mar 5, 2025	Direct	F2
transaction	TALO	Common Stock	Disposed to Issuer	-$95.9K	-11.3K	-15.38%	$8.47	62.2K	Mar 5, 2025	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	-18K	-100%	$0.00	0	Mar 5, 2025	Common Stock	18K		Direct	F1
transaction	TALO	Restricted Stock Units	Options Exercise	$0	-10.3K	-100%	$0.00	0	Mar 5, 2025	Common Stock	10.3K		Direct	F2

* 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 March 5, 2024 and vested on March 5, 2025. Each RSU 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 Amended and Restated 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.
F2	The RSUs were granted on March 5, 2019 and vested on March 5, 2020. The reporting person elected to defer settlement to the five-year anniversary of the vesting date. Each RSU represents the economic equivalent of one Share and was granted pursuant to the Talos Energy Inc. 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.

Content

The restricted stock units ("RSUs") were granted on March 5, 2024 and vested on March 5, 2025. Each RSU 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 Amended and Restated 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.

The RSUs were granted on March 5, 2019 and vested on March 5, 2020. The reporting person elected to defer settlement to the five-year anniversary of the vesting date. Each RSU represents the economic equivalent of one Share and was granted pursuant to the Talos Energy Inc. 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.