JUNEAU JOHN B 4
4 · TALOS ENERGY INC. · Filed Mar 7, 2024
Insider Transaction Report
Form 4
JUNEAU JOHN B
Director
Transactions
- Award
Restricted Stock Units
2024-03-05+12,510→ 12,510 total→ Common Stock (12,510 underlying) - Disposition to Issuer
Common Stock
2024-03-05$13.04/sh−3,626$47,283→ 65,078 total - Exercise/Conversion
Common Stock
2024-03-05+9,066→ 68,704 total - Exercise/Conversion
Restricted Stock Units
2024-03-05−9,066→ 0 total→ Common Stock (9,066 underlying)
Footnotes (3)
- [F1]The restricted stock units ("RSUs") were granted on March 5, 2023 and vested on March 5, 2024. The RSUs 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 Talos Energy Inc. 2021 Long Term Incentive Plan (the "LTIP"). 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 pursuant to the LTIP and represent a contingent right to receive 60% of such RSUs in Shares and 40% of such RSUs in cash if no settlement election was made to receive 100% in Shares.
- [F3]The RSUs will vest, contingent upon continued service, on March 5, 2025. Vested Shares and/or cash will be delivered to the reporting person on the date provided in such person's deferral election or the vesting date if no such election was made.