Brendan May - May 31, 2024 Form 4 Insider Report for TMC the metals Co Inc. (TMC)

Role: Director
Signature: /s/ Ryan Coombes, General Counsel
Stock symbol: TMC
Transactions as of: May 31, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/4/2024, 07:22 PM
Previous filing: Jun 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TMC	Common Shares	Award	$0	+68K	+73.72%	$0.00	160K	May 31, 2024	Direct	F1
transaction	TMC	Common Shares	Award	$0	+68K	+42.44%	$0.00	228K	May 31, 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Pursuant to the Issuer's Nonemployee Director Compensation Policy, the Reporting Person was granted restricted stock units under the Issuer's 2021 Equity Incentive 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 May 31, 2024 (the "Grant Date"), 1/3 on the second anniversary of the Grant Date and 1/3 on the third anniversary of the Grant Date.
F2	Pursuant to the Issuer's Nonemployee Director Compensation Policy, the Reporting Person was granted restricted stock units ("RSUs") under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the right to receive one common share upon vesting. The RSU shall vest on the date of the Issuer's 2025 annual meeting of shareholders, subject to the Reporting Person's continued service through the vesting date.

Content

Pursuant to the Issuer's Nonemployee Director Compensation Policy, the Reporting Person was granted restricted stock units under the Issuer's 2021 Equity Incentive 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 May 31, 2024 (the "Grant Date"), 1/3 on the second anniversary of the Grant Date and 1/3 on the third anniversary of the Grant Date.

Pursuant to the Issuer's Nonemployee Director Compensation Policy, the Reporting Person was granted restricted stock units ("RSUs") under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the right to receive one common share upon vesting. The RSU shall vest on the date of the Issuer's 2025 annual meeting of shareholders, subject to the Reporting Person's continued service through the vesting date.