Brendan May - 31 May 2024 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role: Director
Signature: /s/ Ryan Coombes, General Counsel
Issuer symbol: TMC
Transactions as of: 31 May 2024
Net transactions value: $0
Form type: 4
Filing time: 04 Jun 2024, 19:22:29 UTC
Previous filing: 04 Jun 2024
Next filing: 27 Dec 2024
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	+68,027	+74%	$0.000000	160,308	31 May 2024	Direct	F1
transaction	TMC	Common Shares	Award	$0	+68,027	+42%	$0.000000	228,335	31 May 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the Issuer's Nonemployee Director Compensation Policy, the Reporting Person was granted restricted stock units under the Issuer's 2021 Equity Incentive Plan, which will vest over a three year period as follows, subject to continued service through each vesting date: 1/3 on the first anniversary of May 31, 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.
F2	Pursuant to the Issuer's Nonemployee Director Compensation Policy, the Reporting Person was granted restricted stock units ("RSUs") under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the right to receive one common share upon vesting. The RSU shall vest on the date of the Issuer's 2025 annual meeting of shareholders, subject to the Reporting Person's continued service through the vesting date.

Content

Pursuant to the Issuer's Nonemployee Director Compensation Policy, the Reporting Person was granted restricted stock units under the Issuer's 2021 Equity Incentive Plan, which will vest over a three year period as follows, subject to continued service through each vesting date: 1/3 on the first anniversary of May 31, 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.

Pursuant to the Issuer's Nonemployee Director Compensation Policy, the Reporting Person was granted restricted stock units ("RSUs") under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the right to receive one common share upon vesting. The RSU shall vest on the date of the Issuer's 2025 annual meeting of shareholders, subject to the Reporting Person's continued service through the vesting date.