TALOS ENERGY INC. — Director's Dealing 2022

Mar 9, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TALOS ENERGY INC. (TALO)
CIK: 0001724965
Period of Report: 2022-03-05

Reporting Person: Babcock Gregory (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-07	Common Stock	F	1008	$18.58	Disposed	12172	Direct
2022-03-05	Common Stock	A	7380	$0.00	Acquired	19552	Direct
2022-03-05	Common Stock	A	18952	—	Acquired	38504	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-05	Performance Share Unit	$	A	7380	Acquired		Common Stock (7380)	Direct

Footnotes

F1: Represents shares of common stock, par value $0.01 per share (a "Share"), of Talos Energy Inc. (the "Issuer") withheld to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units ("RSUs") issued pursuant to the Talos Energy Inc. Long Term Incentive Plan.

F2: RSUs that each represent a contingent right to receive one Share. The RSUs will vest ratably on each of March 5, 2023, March 5, 2024 and March 5, 2025.

F3: RSUs that each represent a contingent right to receive one Share. The RSUs will vest ratably on each of March 5, 2023 and March 5, 2024.

F4: The RSUs reported in this table were granted in exchange for the cancelation of all performance share units ("PSUs") outstanding and held by the reporting person on March 4, 2022.

F5: Each PSU represents a contingent right to receive one Share. Between 0% and 200% of the target number of PSUs granted are eligible to vest based on continued employment and the Issuer's annualized absolute total shareholder return over the period from January 1, 2022 through December 31, 2024.