Allseas Investments S.A. 4
4 · TMC the metals Co Inc. · Filed May 27, 2025
Insider Transaction Report
Form 4
Allseas Group S.A.
10% Owner
Transactions
- Purchase
Common Shares
2025-05-22+2,333,333→ 55,113,601 total - Purchase
Class C Warrants (right to buy)
2025-05-22+2,333,333→ 2,333,333 totalExercise: $4.50From: 2025-05-22Exp: 2028-05-12→ Common Shares (2,333,333 underlying)
Holdings
- 1,000,000
Common Shares
Footnotes (3)
- [F1]These securities are owned by Allseas Group S.A. ("Allseas"). Mr. Edward Heerema has sole authority over Allseas. Mr. Heerema, Allseas Investments S.A., ("Allseas Investments"), the majority parent of Allseas, Argentum Cedit Virtuti NV ("ACV"), the parent of Allseas Investments, and Stichting Administratiekantoor Aequa Lance Foundation, the parent of ACV, may be deemed to have beneficial ownership of the shares owned by Allseas. Each of Mr. Heerema, Allseas Investments, ACV and Stichting Administratiekantoor Aequa Lance Foundation disclaims beneficial ownership over any securities directly held by Allseas, except to the extent of his or its respective pecuniary interest therein.
- [F2]On May 22, 2025, Allseas acquired 2,333,333 common shares and accompanying Class C Warrants to purchase 2,333,333 common shares for a total purchase price of $7 million.
- [F3]These securities are owned by ACV. Mr. Heerema may be deemed to have voting and investment power over the shares owned by ACV. Mr. Heerema disclaims beneficial ownership over any securities directly held by ACV, except to the extent of his pecuniary interest therein.