Andrei Karkar - Sep 13, 2021 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role
Director, 10%+ Owner
Signature
/s/ Jaime Lee, Attorney-in-Fact
Stock symbol
TMC
Transactions as of
Sep 13, 2021
Transactions value $
$0
Form type
4
Date filed
9/15/2021, 04:38 PM
Previous filing
Sep 13, 2021
Next filing
Oct 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMC Common Shares Award $0 +8.03K $0.00 8.03K Sep 13, 2021 Direct F2
holding TMC Common Shares 39.6M Sep 13, 2021 Eras Capital LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are held directly by ERAS Capital LLC ("ERAS"). The Reporting Person is the managing member of ERAS and shares voting and dispositive power over and may be deemed to beneficially own such securities held by ERAS. The Reporting Person disclaims beneficial ownership over any securities owned by ERAS other than to the extent of any pecuniary interest he may have therein.
F2 Includes 8,032 restricted stock units granted under the Issuer's 2021 Incentive Equity 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 September 13, 2021 (the "Grant Date"), 1/3 on the second anniversary of the Grant Date and 1/3 on the third anniversary of the Grant Date.