4//SEC Filing
Karkar Andrei 4
Accession 0001104659-25-055761
CIK 0001798562other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 8:47 AM ET
Size
17.4 KB
Accession
0001104659-25-055761
Insider Transaction Report
Form 4
ERAS Capital LLC
10% Owner
Transactions
- Award
Common Shares
2025-05-30+22,371→ 330,327 total - Award
Common Shares
2025-05-30+18,963→ 307,956 total
Holdings
- 60,953,495(indirect: By LLC)
Common Shares
Karkar Andrei
Director10% Owner
Transactions
- Award
Common Shares
2025-05-30+18,963→ 307,956 total - Award
Common Shares
2025-05-30+22,371→ 330,327 total
Holdings
- 60,953,495(indirect: By LLC)
Common Shares
Footnotes (3)
- [F1]In lieu of cash compensation under the Issuer's Nonemployee Director Compensation Policy ("Director Compensation Policy"), the Reporting Person was granted restricted stock units ("RSUs") under the Issuer's 2021 Equity Incentive Plan ("Equity Incentive Plan"). Each RSU represents the right to receive one common share upon vesting. The RSUs vested immediately upon issuance.
- [F2]Pursuant to the Director Compensation Policy, the Reporting Person was granted RSUs under the Equity Incentive Plan. Each RSU represents the right to receive one common share upon vesting. The RSUs vest on the date of the Issuer's 2026 annual meeting of shareholders, subject to the Reporting Person's continued service through the vesting date.
- [F3]The securities are held directly by ERAS Capital LLC ("ERAS"). Andrei Karkar 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. Andrei Karkar disclaims beneficial ownership over any securities owned by ERAS other than to the extent of any pecuniary interest he may have therein.
Issuer
TMC the metals Co Inc.
CIK 0001798562
Entity typeother
Related Parties
1- filerCIK 0001874431
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 8:47 AM ET
- Size
- 17.4 KB