Home/Filings/4/0000899243-23-005036
4//SEC Filing

Szabo Shandell 4

Accession 0000899243-23-005036

CIK 0001724965other

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 5:53 PM ET

Size

6.7 KB

Accession

0000899243-23-005036

Insider Transaction Report

Form 4
Period: 2023-02-13
Transactions
  • Award

    Common Stock

    2023-02-13+27,44227,442 total(indirect: See Footnote)
Footnotes (3)
  • [F1]This Form 4 reports securities acquired in connection with the transactions contemplated by that certain Agreement and Plan of Merger, dated as of September 21, 2022 (the "Merger Agreement"), by and among Talos Energy Inc. (the "Issuer"), EnVen Energy Corporation ("EnVen") and the other parties thereto, in which Talos acquired EnVen in a transaction through a series of mergers (the "Transaction"). As partial consideration for the acquisition of EnVen, the holders of Class A common stock, par value $0.001 per share, of EnVen ("EnVen Common Stock") immediately prior to the First Effective Time (as defined in the Merger Agreement) were entitled to collectively receive an aggregate of 43,800,000 shares of common stock, par value $0.01 per share of the Issuer ("Talos Common Stock").
  • [F2](Continued from Footnote 1) On February 13, 2023, the Transaction closed and as of immediately prior the First Effective Time the reporting person indirectly held a total of 23,838 shares of EnVen Common Stock, which were converted into the right to receive 27,442 shares of Talos Common Stock in respect of the portion of the Aggregate Stock Consideration (as defined in the Merger Agreement) to which the reporting person was entitled.
  • [F3]Represents shares held by Motown Five Investments, LLC ("Motown Five Investments"). The reporting person is the managing member of Motown Five Investments and has the authority to vote or dispose of the shares held by Motown Five Investments in her sole discretion. The reporting person disclaims beneficial ownership of the shares held by Motown Five Investments in excess of her pecuniary interest therein.

Issuer

TALOS ENERGY INC.

CIK 0001724965

Entity typeother

Related Parties

1
  • filerCIK 0001964005

Filing Metadata

Form type
4
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:53 PM ET
Size
6.7 KB