Gerard Barron - Mar 20, 2024 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role
Chief Executive Officer, Director
Signature
/s/ Ryan Coombes, General Counsel
Stock symbol
TMC
Transactions as of
Mar 20, 2024
Transactions value $
$0
Form type
4
Date filed
3/22/2024, 09:29 PM
Previous filing
Aug 18, 2023
Next filing
Apr 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMC Common Shares Award $0 +351K +2.01% $0.00 17.8M Mar 20, 2024 Direct F1
transaction TMC Common Shares Award $0 +1.28M +7.19% $0.00 19M Mar 20, 2024 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 The RSUs were granted as part of the Issuer's long-term incentive plan and vest over a three year period as follows, subject to continued service through each vesting date: 1/3 on the first anniversary of March 20, 2024 (the "Grant Date"), 1/3 on the second anniversary of the Grant Date and 1/3 on the third anniversary of the Grant Date.