Craig Shesky - 31 May 2023 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role
Chief Financial Officer
Signature
/s/ Jeffrey Cohan, Attorney-in-Fact
Issuer symbol
TMC
Transactions as of
31 May 2023
Net transactions value
+$8,799
Form type
4
Filing time
09 Jun 2023, 08:00:10 UTC
Previous filing
05 Apr 2023
Next filing
18 Aug 2023
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 $8,799 +15,000 +2% $0.5866 783,198 31 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were acquired under the Issuer's 2021 Employee Stock Purchase Plan ("ESPP") in a transaction that was exempt under Rule 16b-3(c). In accordance with the terms of the ESPP, these shares were purchased at a price equal to 85% of the fair market value closing price of the Issuer's common shares on May 31, 2023.