Andrei Karkar - Dec 31, 2021 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Signature
/s/ Jeffrey Cohan, Attorney-in-Fact
Stock symbol
TMC
Transactions as of
Dec 31, 2021
Transactions value $
$2,090,000
Form type
4
Date filed
1/3/2022, 07:07 PM
Previous filing
Dec 28, 2021
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMC Common Shares Purchase $2.09M +1M +2.35% $2.09 43.6M Dec 31, 2021 Eras Capital LLC F1, F2
holding TMC Common Shares 8.03K Dec 31, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reflects the average purchase price of the common shares purchased. These common shares were purchased in multiple transactions at prices ranging from $1.84 to $2.14 per common share. The Reporting Persons undertake to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of common shares sold at each price.
F2 The securities are held directly by ERAS Capital LLC ("ERAS"). The Reporting Person is the managing member of ERAS and shares voting and dispositive power over and may be deemed to beneficially own such securities held by ERAS. The Reporting Person disclaims beneficial ownership over any securities owned by ERAS other than to the extent of any pecuniary interest he may have therein.