Named after Vladimir Alexandrovich Shatalov - Soviet cosmonaut (1927-Live).
Shatalov is a small lunar impact crater on the far side. It is located to the west-southwest of the Mare Moscoviense, one of the few lunar maria on the far side. To the east-southeast along the edge of the Mare Moscoviense is the larger crater Belyaev. This is a bowl-shaped crater with a circular outer rim, a fairly typical appearance for a lunar crater of this size. (wikipedia entry)
A crater is a circular depression likely created by an impact event. On the Moon they are named after deceased scientists, polar explorers, astronauts or cosmonauts.