Gerard Barron - Dec 24, 2021 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role: Chief Executive Officer, Director
Signature: /s/ Jeffrey Cohan, Attorney-in-Fact
Stock symbol: TMC
Transactions as of: Dec 24, 2021
Transactions value $: $94,876
Form type: 4
Date filed: 12/28/2021, 04:29 PM
Previous filing: Nov 23, 2021
Next filing: Feb 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TMC	Common Shares	Purchase	$94.9K	+47.4K	+0.32%	$2.00	15.1M	Dec 24, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TMC	Warrants to purchase Common Shares	Purchase		+89.4K			89.4K	Dec 24, 2021	Common Shares	89.4K	$11.50	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 24, 2021, the Reporting Person purchased warrants to purchase 89,394 Common Shares, which warrants are subject to the Warrant Agreement dated as of May 8, 2020 between the Issuer and Continental Stock Transfer & Trust Company, as warrant agent, in a privately negotiated transaction for an aggregate purchase price of $30,393.96. The warrants may be exercised only during the period commencing 30 days after the September 9, 2021 completion of the initial business combination (the "Business Combination") of Sustainable Opportunities Acquisition Corp. (the former name of the Issuer) with DeepGreen Metals Inc. and expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.

Content

On December 24, 2021, the Reporting Person purchased warrants to purchase 89,394 Common Shares, which warrants are subject to the Warrant Agreement dated as of May 8, 2020 between the Issuer and Continental Stock Transfer & Trust Company, as warrant agent, in a privately negotiated transaction for an aggregate purchase price of $30,393.96. The warrants may be exercised only during the period commencing 30 days after the September 9, 2021 completion of the initial business combination (the "Business Combination") of Sustainable Opportunities Acquisition Corp. (the former name of the Issuer) with DeepGreen Metals Inc. and expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.