4//SEC Filing
Stryker Gina 4
Accession 0001104659-22-080575
CIK 0001798562other
Filed
Jul 17, 8:00 PM ET
Accepted
Jul 18, 5:29 PM ET
Size
20.6 KB
Accession
0001104659-22-080575
Insider Transaction Report
Form 4
Stryker Gina
Director
Transactions
- Other
Warrant to purchase Common Shares
2021-12-24+614,277→ 209,221 totalExercise: $11.50→ Common Shares (614,277 underlying) - Other
Class I Special Shares
2021-12-24+33,507→ 11,365 total→ Common Shares (33,507 underlying) - Award
Common Shares
2022-06-01+68,027→ 227,643 total - Other
Class J Special Shares
2021-12-24+49,659→ 16,843 total→ Common Shares (49,659 underlying)
Holdings
- 295,344(indirect: By Trust)
Common Shares
- 22,142(indirect: By Trust)
Class I Special Shares
→ Common Shares - 32,816(indirect: By Trust)
Class J Special Shares
→ Common Shares - 405,056(indirect: By Trust)
Warrant to purchase Common Shares
→ Common Shares
Footnotes (7)
- [F1]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 2023 annual meeting of shareholders, subject to the Reporting Person's continued service through the vesting date.
- [F2]Includes 151,584 Common Shares received in a pro rata distribution from Sustainable Opportunities Holdings LLC, in which the Reporting Person does not have a controlling interest, to its members on December 24, 2022.
- [F3]Consists of (i) 147,672 Common Shares held by the Gina Thomas Stryker 2008 Children's Trust U/A DTD 12/09/2008 JRT and (ii) 147,672 Common Shares held by the Gina Thomas Stryker 2008 Children's Trust U/A DTD 12/09/2008 MET, in each case, received in a pro rata distribution from Sustainable Opportunities Holdings LLC, in which the Reporting Person does not have a controlling interest, to its members on December 24, 2022. The Reporting Person is the trustee of each of these trusts.
- [F4](i) warrants to purchase 209,221 Common Shares held by the Reporting Person, (ii) warrants to purchase 202,528 Common Shares held by the Gina Thomas Stryker 2008 Children's Trust U/A DTD 12/09/2008 JRT and (iii) warrants to purchase 202,528 Common Shares held by the Gina Thomas Stryker 2008 Children's Trust U/A DTD 12/09/2008 MET, in each case, were received in a pro rata distribution from Sustainable Opportunities Holdings LLC, in which the Reporting Person does not have a controlling interest, to its members on December 24, 2022.
- [F5]The Reporting Person is the trustee of each of these trusts. The 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, and may be exercised only during the period commencing 30 days after September 9, 2021, the 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.
- [F6](i) 11,365 Class I Special Shares held by the Reporting Person, (ii) 11,071 Class I Special Shares held by the Gina Thomas Stryker 2008 Children's Trust U/A DTD 12/09/2008 JRT and (iii) 11,071 Class I Special Shares held by the Gina Thomas Stryker 2008 Children's Trust U/A DTD 12/09/2008 MET, in each case, were received in a pro rata distribution from Sustainable Opportunities Holdings LLC, in which the Reporting Person does not have a controlling interest, to its members on December 24, 2022. The Reporting Person is the trustee of each of these trusts. The Class I Special Shares are automatically convertible into Common Shares on a one-for-one basis if the Common Shares trade for at least $50.00 per share on any twenty trading days in any thirty trading day period or in the event of certain changes of control.
- [F7](i) 16,843 Class J Special Shares held by the Reporting Person, (ii) 16,408 Class J Special Shares held by the Gina Thomas Stryker 2008 Children's Trust U/A DTD 12/09/2008 JRT and (iii) 16,408 Class J Special Shares held by the Gina Thomas Stryker 2008 Children's Trust U/A DTD 12/09/2008 MET, in each case, were received in a pro rata distribution from Sustainable Opportunities Holdings LLC, in which the Reporting Person does not have a controlling interest, to its members on December 24, 2022. The Reporting Person is the trustee of each of these trusts. The Class J Special Shares are automatically convertible into Common Shares on a one-for-one basis if the Common Shares trade for at least $12.00 per share on any twenty trading days in any thirty trading day period or in the event of certain changes of control.
Documents
Issuer
TMC the metals Co Inc.
CIK 0001798562
Entity typeother
Related Parties
1- filerCIK 0001852766
Filing Metadata
- Form type
- 4
- Filed
- Jul 17, 8:00 PM ET
- Accepted
- Jul 18, 5:29 PM ET
- Size
- 20.6 KB