Kendall Donald R Jr 4
4 · TALOS ENERGY INC. · Filed Mar 9, 2020
Insider Transaction Report
Form 4
Kendall Donald R Jr
Director
Transactions
- Disposition to Issuer
Common Stock
2020-03-05$12.88/sh−2,749$35,407→ 6,629 total - Exercise/Conversion
Common Stock
2020-03-05+6,873→ 9,378 total - Exercise/Conversion
Restricted Stock Units
2020-03-05−6,873→ 0 totalFrom: 2020-03-05Exp: 2020-03-05→ Common Stock (6,873 underlying) - Award
Restricted Stock Units
2020-03-05+12,168→ 12,168 total→ Common Stock (12,168 underlying)
Footnotes (3)
- [F1]The restricted stock units ("RSUs") represent the economic equivalent of one share of common stock, par value $0.01 per share, of Talos Energy Inc., a Delaware corporation ("Common Stock"). Pursuant to the terms of the award agreement, 60% of the RSUs were settled in Common Stock and 40% of the RSUs were settled in cash.
- [F2]The RSUs represent a contingent right to receive 60% of such RSUs in shares of Common Stock and 40% of such RSUs in cash.
- [F3]The RSUs vest on March 5, 2021. Vested shares and cash will be delivered to the reporting person following the vesting date.