Allseas Group S.A. - 22 May 2025 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role
10%+ Owner
Signature
/s/ Pieter Heerema, President and authorized signatory of Allseas Group S.A.
Issuer symbol
TMC
Transactions as of
22 May 2025
Net transactions value
$0
Form type
4
Filing time
27 May 2025, 18:20:01 UTC
Previous filing
15 Aug 2023
SEC
View on sec.gov

Reporting Owners (5)

Name Relationship Address Signature Signature date CIK
Allseas Group S.A. 10%+ Owner 18 ROUTE DE PRA DE PLAN, CASE POSTALE 411, CHATEL-SAINT-DENIS, SWITZERLAND /s/ Pieter Heerema, President and authorized signatory of Allseas Group S.A. 27 May 2025 0001884066
Allseas Investments S.A. 10%+ Owner 18 ROUTE DE PRA DE PLAN, CASE POSTALE 411, CHATEL-SAINT-DENIS, SWITZERLAND /s/ Edward Heerema 27 May 2025 0001956334
Heerema Edward 10%+ Owner C/O ALLSEAS GROUP S.A.18 ROUTE DE PRA, DE PLAN, CASE POSTALE 411, CHATEL-SAINT-DENIS, SWITZERLAND /s/ Edward Heerema, President and authorized signatory of Allseas Investments S.A. 27 May 2025 0001956371
Argentum Cedit Virtuti NV 10%+ Owner WIEGSTRAAT 21, ANTWERPEN, BELGIUM /s/ Edward Heerema, director and authorized signatory of Argentum Cedit Virtuti NV 27 May 2025 0001956510
Stichting Administratiekantoor Aequa Lance Foundation 10%+ Owner C/O ALLSEAS GROUP S.A.18 ROUTE DE PRA, DE PLAN, CASE POSTALE 411, CHATEL-SAINT-DENIS, SWITZERLAND /s/ Edward Heerema, Chairman and authorized signatory of Stichting Administratiekantoor Aequa Lance Foundation 27 May 2025 0001956509

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMC Common Shares Purchase +2,333,333 +4.4% 55,113,601 22 May 2025 Direct F1, F2
holding TMC Common Shares 1,000,000 22 May 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TMC Class C Warrants (right to buy) Purchase +2,333,333 2,333,333 22 May 2025 Common Shares 2,333,333 $4.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are owned by Allseas Group S.A. ("Allseas"). Mr. Edward Heerema has sole authority over Allseas. Mr. Heerema, Allseas Investments S.A., ("Allseas Investments"), the majority parent of Allseas, Argentum Cedit Virtuti NV ("ACV"), the parent of Allseas Investments, and Stichting Administratiekantoor Aequa Lance Foundation, the parent of ACV, may be deemed to have beneficial ownership of the shares owned by Allseas. Each of Mr. Heerema, Allseas Investments, ACV and Stichting Administratiekantoor Aequa Lance Foundation disclaims beneficial ownership over any securities directly held by Allseas, except to the extent of his or its respective pecuniary interest therein.
F2 On May 22, 2025, Allseas acquired 2,333,333 common shares and accompanying Class C Warrants to purchase 2,333,333 common shares for a total purchase price of $7 million.
F3 These securities are owned by ACV. Mr. Heerema may be deemed to have voting and investment power over the shares owned by ACV. Mr. Heerema disclaims beneficial ownership over any securities directly held by ACV, except to the extent of his pecuniary interest therein.