TALOS ENERGY INC. — Director's Dealing 2021

Mar 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TALOS ENERGY INC. (TALO)
CIK: 0001724965
Period of Report: 2021-03-05

Reporting Person: SLEDGE CHARLES M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-05	Common Stock	M	12168	—	Acquired	24978	Direct
2021-03-05	Common Stock	D	4868	$13.50	Disposed	20110	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-05	Restricted Stock Units	$	M	12168	Disposed	2021-03-05	Common Stock (12168)	Direct
2021-03-08	Restricted Stock Units	$	A	12103	Acquired		Common Stock (12103)	Direct

Footnotes

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.