Company: TMCWW
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001104659-25-036264
Chunk: 42

Company: TMC the metals Co Inc.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 42
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| ​             | ​ | ​ | 9/9/2021            | ​ | ​        | ​ | ​ | ​ |                                                             — | ​ |         ​ | ​ | ​ | ​ |                                                            252,814 | ​ | ​ | ​ | ​ | ​ |                   0.65 | ​ |    ​ | ​ | ​ | ​ | 6/1/2028             | ​ | ​        | ​ | ​ | ​ | —                                                        | ​ | ​ | ​ | ​ | ​ |                                                             — | ​ | ​ |   |   |
| ​             | ​ | ​ | 3/20/2023           | ​ | ​        | ​ | ​ | ​ |                                                             — | ​ |         ​ | ​ | ​ | ​ |                                                                  — | ​ | ​ | ​ | ​ | ​ |                      — | ​ |    ​ | ​ | ​ | ​ | —                    | ​ | ​        | ​ | ​ | ​ | 375,325(4)                                               | ​ | ​ | ​ | ​ | ​ |                                                       420,364 | ​ | ​ |   |   |
| ​             | ​ | ​ | 3/20/2024           | ​ | ​        | ​ | ​ | ​ |                                                             — | ​ |         ​ | ​ | ​ | ​ |                                                                  — | ​ | ​ | ​ | ​ | ​ |                      — | ​ |    ​ | ​ | ​ | ​ | —                    | ​ | ​        | ​ | ​ | ​ | 499,505(4)                                               | ​ | ​ | ​ | ​ | $ |                                                       559,446 | ​ | ​ |   |   |

(1) These stock options vest as follows, subject to continued service through each vesting threshold: (i) 25% if our market capitalization equals or exceeds $3.0 billion; (ii) 35% if our market capitalization equals or exceeds $6.0 billion; (iii) 20% if the International Seabed Authority grants us an exploitation contract; and (iv) 20% upon the commencement of the first commercial production following the grant of the exploitation contract. (2) Does not include RSUs granted on March 4, 2025 (effective as of March 20, 2025) of which 1,598,070 units were granted to Gerard Barron, 625,125 units were granted to Craig Shesky