Andrew Carlyle Greig - 08 Jan 2026 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role
Director
Signature
/s/ Michelle Ancosky, Attorney-In-Fact
Issuer symbol
TMC
Transactions as of
08 Jan 2026
Net transactions value
+$1,531,782
Form type
4
Filing time
09 Jan 2026, 17:23:15 UTC
Previous filing
03 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Greig Andrew Carlyle Director C/O TMC THE METALS COMPANY INC.,, 1111 WEST HASTINGS STREET, 15TH FLOOR, VANCOUVER, BRITISH COLUMBIA, CANADA /s/ Michelle Ancosky, Attorney-In-Fact 09 Jan 2026 0001652486

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMC Common Shares Options Exercise $6,021 +11,578 +0.26% $0.5200 4,459,497 08 Jan 2026 Direct F1
transaction TMC Common Shares Options Exercise $1,505,221 +578,931 +13% $2.60 5,038,428 08 Jan 2026 Direct F2
transaction TMC Common Shares Options Exercise $20,541 +31,602 +0.63% $0.6500 5,070,030 08 Jan 2026 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 Stock Option (right to buy) Options Exercise -11,578 -100% 0 08 Jan 2026 Common Shares 11,578 $0.5200 Direct F1, F4, F5, F6
transaction TMC Stock Option (right to buy) Options Exercise -578,931 -100% 0 08 Jan 2026 Common Shares 578,931 $2.60 Direct F2, F6, F7, F8
transaction TMC Stock Option (right to buy) Options Exercise -31,602 -25% 94,805 08 Jan 2026 Common Shares 31,602 $0.6500 Direct F3, F6, F9, F10, F13
transaction TMC Class A Special Shares Options Exercise +13,572 +15% 102,937 08 Jan 2026 Common Shares 13,572 Direct F11, F12
transaction TMC Class B Special Shares Options Exercise +27,146 +15% 205,875 08 Jan 2026 Common Shares 27,146 Direct F11, F12
transaction TMC Class C Special Shares Options Exercise +27,146 +15% 205,875 08 Jan 2026 Common Shares 27,146 Direct F11, F12
transaction TMC Class D Special Shares Options Exercise +54,293 +15% 411,752 08 Jan 2026 Common Shares 54,293 Direct F11, F12
transaction TMC Class E Special Shares Options Exercise +54,293 +15% 411,752 08 Jan 2026 Common Shares 54,293 Direct F11, F12
transaction TMC Class F Special Shares Options Exercise +54,293 +15% 411,752 08 Jan 2026 Common Shares 54,293 Direct F11, F12
transaction TMC Class G Special Shares Options Exercise +67,867 +15% 514,691 08 Jan 2026 Common Shares 67,867 Direct F11, F12
transaction TMC Class H Special Shares Options Exercise +67,867 +15% 514,691 08 Jan 2026 Common Shares 67,867 Direct F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise of stock options to purchase 11,578 common shares for cash at an exercise price of $0.52 per common share. In accordance with the terms of the stock options, the Reporting Person was also issued 252 Class A Special Shares, 505 Class B Special Shares, 505 Class C Special Shares, 1,010 Class D Special Shares, 1,010 Class E Special Shares, 1,010 Class F Special Shares, 1,263 Class G Special Shares and 1,263 Class H Special Shares for no additional consideration.
F2 Represents the exercise of stock options to purchase 578,931 common shares for cash at an exercise price of $2.60 per common share. In accordance with the terms of the stock options, the Reporting Person was also issued 12,631 Class A Special Shares, 25,262 Class B Special Shares, 25,262 Class C Special Shares, 50,525 Class D Special Shares, 50,525 Class E Special Shares, 50,525 Class F Special Shares, 63,157 Class G Special Shares and 63,157 Class H Special Shares for no additional consideration.
F3 Represents the exercise of stock options to purchase 31,602 common shares for cash at an exercise price of $0.65 per common share. In accordance with the terms of the stock options, the Reporting Person was also issued 689 Class A Special Shares, 1,379 Class B Special Shares, 1,379 Class C Special Shares, 2,758 Class D Special Shares, 2,758 Class E Special Shares, 2,758 Class F Special Shares, 3,447 Class G Special Shares and 3,447 Class H Special Shares for no additional consideration.
F4 Was fully vested as of February 17, 2021.
F5 Also included the right to purchase the Class A Special Shares, the Class B Special Shares, the Class C Special Shares, the Class D Special Shares, the Class E Special Shares, the Class F Special Shares, the Class G Special Shares and the Class H Special Shares (collectively, the "Special Shares") set forth in Footnote 1 above.
F6 Received by the Reporting Person as described in the Form 3 submitted by the Reporting Person on October 12, 2022.
F7 Was fully vested as of July 1, 2020.
F8 Also included the right to purchase the Special Shares set forth in Footnote 2 above.
F9 These stock options vest in increments upon the occurrence of certain milestones, subject to continued service through each milestone.
F10 Also included the right to purchase the Special Shares set forth in Footnote 3 above.
F11 Each of the Class A Special Shares, the Class B Special Shares, the Class C Special Shares, the Class D Special Shares, the Class E Special Shares, the Class F Special Shares, the Class G Special Shares and the Class H Special Shares (collectively, the "Special Shares") automatically convert into common shares on a one for one basis, if on any twenty trading days within any thirty trading day period, the common shares trade for a price that is greater than or equal to the price threshold for such class of Special Shares (the "Price Threshold") described below, or in the event of certain changes of control. The Price Thresholds for the Special Shares are as follows: Class A Special Shares ($15.00), Class B Special Shares ($25.00), Class C Special Shares ($35.00), Class D Special Shares ($50.00), Class E Special Shares ($75.00), Class F Special Shares ($100.00), Class G Special Shares ($150.00), and Class H Special Shares ($200.00).
F12 Represents the aggregate amount of the specified class of Special Shares acquired upon the exercise of stock options referenced in Footnotes 1, 2 and 3 above.
F13 Also includes the right to purchase 2,069 Class A Special Shares, 4,137 Class B Special Shares, 4,137 Class C Special Shares, 8,274 Class D Special Shares, 8,274 Class E Special Shares, 8,274 Class F Special Shares, 10,343 Class G Special Shares and 10,343 Class H Special Shares.