Erika Ilves - 20 Mar 2025 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role
Chief Strategy Officer
Signature
/s/ Michelle Ancosky. Attorney-In-Fact
Issuer symbol
TMC
Transactions as of
20 Mar 2025
Net transactions value
$0
Form type
4
Filing time
24 Mar 2025, 17:57:02 UTC
Previous filing
03 Jan 2025
Next filing
24 Sep 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 +239,152 +13% $0.000000 2,112,152 20 Mar 2025 Direct F1, F3
transaction TMC Common Shares Award $0 +625,125 +30% $0.000000 2,737,277 20 Mar 2025 Direct F2
holding TMC Common Shares 30,682 20 Mar 2025 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 ("Share") upon vesting. The RSUs were granted as part of the Issuer's short-term incentive plan and vested upon issuance.
F2 Consists of RSUs. Each RSU represents the right to receive one Share upon vesting. The RSUs were granted on March 20, 2025 (the "Grant Date") as part of the Issuer's long-term incentive plan and vest, subject to continued service through the respective vesting date, over a three year period as follows: 1/3 on the first anniversary of the Grant Date, 1/3 on the second anniversary of the Grant Date and 1/3 on the third anniversary of the Grant Date.
F3 This number updates information included in the Form 4 filed for the reporting person on January 3, 2025, to reflect the amount of securities beneficially owned following the reported transaction as 1,873,000 (as opposed to 998,170).

Remarks:

Exhibit 24.1 - Power of Attorney