Kendall Donald R Jr 4/A
4/A · TALOS ENERGY INC. · Filed Apr 19, 2022
Insider Transaction Report
Form 4/AAmended
Kendall Donald R Jr
Director
Transactions
- Disposition to Issuer
Common Stock
2022-03-08$17.47/sh−4,841$84,572→ 21,191 total - Exercise/Conversion
Restricted Stock Units
2022-03-08−12,103→ 0 total→ Common Stock (12,103 underlying) - Exercise/Conversion
Common Stock
2022-03-08+12,103→ 26,032 total
Footnotes (3)
- [F1]The restricted stock units ("RSUs") were granted on March 8, 2021, vested on March 8, 2022, and settled on March 21, 2022. The RSUs represent the economic equivalent of one share of common stock, par value $0.01 per share (the "Common Stock"), of Talos Energy Inc. 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]Pursuant to the terms of the award agreement, 40% of the RSUs were settled in cash upon the settlement of the previously granted RSUs.
- [F3]On March 23, 2022, the reporting person filed a Form 4 that inadvertently reported the settlement date of the previously granted RSUs as the "Date of Earliest Transaction." This amended Form 4 is being filed for the purpose of amending the disclosure to correctly reflect in Box 3 that such date was March 8, 2022, which was the date the previously granted RSUs vested. Accordingly, Table I, Column 2, rows 1 and 2 and Table II, Column 3 each reflect the same vesting date, March 8, 2022. Additionally, Table I, Column 4 is amended to include the assigned value based on the market price of the Common Stock at the time of vesting rather than settlement.