Scott Edward Leonard - 13 Sep 2021 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role: Director
Signature: /s/ Jaime Lee, Attorney-in-Fact
Issuer symbol: TMC
Transactions as of: 13 Sep 2021
Net transactions value: $0
Form type: 4
Filing time: 15 Sep 2021, 16:40:41 UTC
Previous filing: 10 Sep 2021
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	+8,032		$0.000000	8,032	13 Sep 2021	Direct	F2
holding	TMC	Common Shares						6,669,000	13 Sep 2021	By Sustainable Opportunities Holdings LLC	F1

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

Explanation of Responses:

Id	Content
F1	The Reporting Person has voting and investment discretion with respect to certain securities held by Sustainable Opportunities Holdings LLC (the "Sponsor") and may be deemed to have shared beneficial ownership of such securities held directly by the Sponsor. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
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.

Content

The Reporting Person has voting and investment discretion with respect to certain securities held by Sustainable Opportunities Holdings LLC (the "Sponsor") and may be deemed to have shared beneficial ownership of such securities held directly by the Sponsor. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

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.