Kendall Donald R Jr 4
4 · TALOS ENERGY INC. · Filed Mar 9, 2021
Insider Transaction Report
Form 4
Kendall Donald R Jr
Director
Transactions
- Disposition to Issuer
Common Stock
2021-03-05$13.50/sh−4,868$65,718→ 13,929 total - Award
Restricted Stock Units
2021-03-08+12,103→ 12,103 total→ Common Stock (12,103 underlying) - Exercise/Conversion
Common Stock
2021-03-05+12,168→ 18,797 total - Exercise/Conversion
Restricted Stock Units
2021-03-05−12,168→ 0 totalFrom: 2021-03-05Exp: 2021-03-05→ 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 will vest on March 8, 2022, generally subject to continued service on the Board. Vested shares of common stock and cash will be delivered to the reporting person following the vesting date.