Erika Ilves - 20 Mar 2024 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role
Chief Strategy Officer
Signature
/s/ Ryan Coombes, General Counsel
Issuer symbol
TMC
Transactions as of
20 Mar 2024
Net transactions value
$0
Form type
4
Filing time
22 Mar 2024, 21:30:50 UTC
Previous filing
05 Apr 2023
Next filing
03 Jan 2025
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 +224,138 +16% $0.000000 1,590,594 20 Mar 2024 Direct F1
transaction TMC Common Shares Award $0 +499,505 +31% $0.000000 2,090,099 20 Mar 2024 Direct F2
holding TMC Common Shares 30,682 20 Mar 2024 By children
* 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.