Leonard Scott Edward 4
4 · TMC the metals Co Inc. · Filed Sep 15, 2021
Insider Transaction Report
Form 4
Leonard Scott Edward
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common Shares
2021-09-13+8,032→ 8,032 total
Holdings
- 6,669,000(indirect: By LLC)
Common Shares
Footnotes (2)
- [F1]The Reporting Person has voting and investment discretion with respect to certain securities held by Sustainable Opportunities Holdings LLC (the "Sponsor") and may be deemed to have shared beneficial ownership of such securities held directly by the Sponsor. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
- [F2]Includes 8,032 restricted stock units granted under the Issuer's 2021 Incentive Equity Plan which will vest over a three year period as follows, subject to continued service through each vesting date: 1/3 on the first anniversary of September 13, 2021 (the "Grant Date"), 1/3 on the second anniversary of the Grant Date and 1/3 on the third anniversary of the Grant Date.