Form 4 for TALO TALOS ENERGY INC.

Accepted 2023-02-14 00:00:00 ET · period of report 2023-02-13 · accession 0000899243-23-005037 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2023-02-14	2023-02-13	TALO	Sherrill Richard	Dir	A - Grant	—	+47.7K	47.7K	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-02-13	A	A	47,683	—	47,683	D	—	—	(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 held a total of 41,420 shares of EnVen Common Stock, which were converted into the right to receive 47,683 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.