Form 4: TMC the metals Co Inc. Director Siamomua Amelia Kinahoi Reports Acquisition of Common Shares

Director Siamomua Amelia Kinahoi reports acquisition of common shares and restricted stock units (RSUs) in TMC the metals Co Inc.

Summary

• On May 31, 2023, Director Siamomua Amelia Kinahoi acquired 144,907 common shares of TMC the metals Co Inc. at $0.00 per share, increasing her direct ownership to 220,966 shares.
• These shares were obtained through the vesting of restricted stock units (RSUs) granted under the company's 2021 Equity Incentive Plan.
• On May 31, 2024, the director acquired an additional 68,027 common shares at $0.00 per share, bringing her total direct ownership to 288,993 shares.
• These shares were also obtained through the granting of RSUs under the company's 2021 Equity Incentive Plan, which will vest on the date of the Issuer's 2025 annual meeting of shareholders, subject to continued service.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. The acquisition of shares can be seen as a positive sign, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
• The granting of RSUs aligns the director's interests with those of the shareholders.

Future Outlook

The director's future ownership will increase as the RSUs granted on May 31, 2024, vest on the date of the Issuer's 2025 annual meeting of shareholders, subject to continued service.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, which is common in the corporate world.

Stakeholder Impact

• The increased ownership by a director could be viewed positively by shareholders, potentially increasing confidence in the company.

Key Dates