4//SEC Filing
Karkar Andrei 4
Accession 0001104659-21-153989
CIK 0001798562other
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 5:30 PM ET
Size
10.5 KB
Accession
0001104659-21-153989
Insider Transaction Report
Form 4
Karkar Andrei
Director10% Owner
Transactions
- Purchase
Common Shares
2021-12-24$2.00/sh+748,957$1,497,914→ 42,620,976 total(indirect: By LLC) - Purchase
Warrants to purchase Common Shares
2021-12-24+1,414,716→ 1,414,716 total(indirect: By LLC)Exercise: $11.50→ Common Shares (1,414,716 underlying)
Holdings
- 8,032
Common Shares
ERAS Capital LLC
10% Owner
Transactions
- Purchase
Common Shares
2021-12-24$2.00/sh+748,957$1,497,914→ 42,620,976 total(indirect: By LLC) - Purchase
Warrants to purchase Common Shares
2021-12-24+1,414,716→ 1,414,716 total(indirect: By LLC)Exercise: $11.50→ Common Shares (1,414,716 underlying)
Holdings
- 8,032
Common Shares
Footnotes (2)
- [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]On December 24, 2021, ERAS Capital LLC purchased warrants to purchase an aggregate of 1,414,716 Common Shares, which warrants are subject to the Warrant Agreement dated as of May 8, 2020 between the Issuer and Continental Stock Transfer & Trust Company, as warrant agent, in privately negotiated transactions for an aggregate purchase price of $481,003.34. The warrants may be exercised only during the period commencing 30 days after the September 9, 2021 completion of the initial business combination (the "Business Combination") of Sustainable Opportunities Acquisition Corp. (the former name of the Issuer) with DeepGreen Metals Inc. and expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.
Documents
Issuer
TMC the metals Co Inc.
CIK 0001798562
Entity typeother
Related Parties
1- filerCIK 0001874431
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 5:30 PM ET
- Size
- 10.5 KB