Christelle Gedeon - Feb 9, 2022 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role
CLO & Corporate Secretary
Signature
/s/ Jeffrey Cohan, Attorney-in-Fact
Stock symbol
TMC
Transactions as of
Feb 9, 2022
Transactions value $
-$41,359
Form type
4
Date filed
2/22/2022, 07:12 AM
Previous filing
Nov 24, 2021
Next filing
Aug 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMC Common Shares Award $0 +47.1K +17.74% $0.00 313K Feb 9, 2022 Direct F1
transaction TMC Common Shares Tax liability -$41.4K -25.2K -8.06% $1.64 288K Feb 9, 2022 Direct F2
* 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 upon vesting. The RSUs were granted and vested upon issuance as part of the Issuer's short-term incentive plan.
F2 Shares withheld from the Reporting Person's RSU award to cover the tax withholding obligation that arose from the grant on February 9, 2022.