Barron Gerard 4
4 · TMC the metals Co Inc. · Filed Apr 5, 2023
Insider Transaction Report
Form 4
Barron Gerard
DirectorChairman & CEO
Transactions
- Award
Common Shares
2023-03-20+382,907→ 15,880,396 total - Award
Common Shares
2023-03-20+1,439,220→ 17,319,616 total
Footnotes (3)
- [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]The RSUs were granted as part of the Issuer's long-term incentive plan and vest over a three year period as follows, subject to continued service through each vesting date: 1/3 on the first anniversary of March 20, 2023 (the "Grant Date"), 1/3 on the second anniversary of the Grant Date and 1/3 on the third anniversary of the Grant Date.
- [F3]This amount includes 35,000 common shares purchased by the Reporting Person on March 28, 2023.