Christelle Gedeon - 09 Feb 2022 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role
CLO & Corporate Secretary
Signature
/s/ Jeffrey Cohan, Attorney-in-Fact
Issuer symbol
TMC
Transactions as of
09 Feb 2022
Net transactions value
-$41,359
Form type
4
Filing time
22 Feb 2022, 07:12:17 UTC
Previous filing
24 Nov 2021
Next filing
08 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMC Common Shares Award $0 +47,113 +18% $0.000000 312,738 09 Feb 2022 Direct F1
transaction TMC Common Shares Tax liability $41,359 -25,219 -8.1% $1.64 287,519 09 Feb 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one common share upon vesting. The RSUs were granted and vested upon issuance as part of the Issuer's short-term incentive plan.
F2 Shares withheld from the Reporting Person's RSU award to cover the tax withholding obligation that arose from the grant on February 9, 2022.