Andrei Karkar - Mar 30, 2022 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role
Director, 10%+ Owner
Signature
/s/ Jeffrey Cohan, Attorney-in-Fact
Stock symbol
TMC
Transactions as of
Mar 30, 2022
Transactions value $
$5,014,100
Form type
4
Date filed
4/1/2022, 04:05 PM
Previous filing
Jan 3, 2022
Next filing
Aug 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMC Common Shares Purchase $1.02M +460K +1.05% $2.21 44.1M Mar 30, 2022 Eras Capital LLC F1, F2
transaction TMC Common Shares Purchase $4M +1.63M +3.69% $2.46 45.7M Mar 31, 2022 Eras Capital LLC F2, F3
holding TMC Common Shares 8.03K Mar 30, 2022 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 price of the common shares purchased. These common shares were purchased in multiple transactions at prices ranging from $2.10 to $2.28 per common share. The Reporting Person undertakes 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 purchased 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.
F3 The price reflects the average price of the common shares purchased. These common shares were purchased in multiple transactions at prices ranging from $2.21 to $2.81 per common share. The Reporting Person undertakes 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 purchased at each price.