Company: TMCWW
Filing Date: 2025-04-08
Form Type: PRE 14A
Source: 0001104659-25-032724
Chunk: 16

Company: TMC the metals Co Inc.
Filing Date: 2025-04-08
Form: PRE 14A
Chunk 16
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 of a Closing Price of $12.50 (each subject to equitable adjustment for any share splits, combinations, reclassifications, share dividends and the like). The Class A Warrants held by Mr. Barron do not allow for an exercise that would result in the holder of such warrants (together with its affiliates, any “group” or any other persons whose beneficial ownership could be aggregated with the holder) would beneficially own more than 4.99% of the number of Common shares outstanding immediately following exercise.

(3)

Consists of (i) 1,499,419 common shares (ii) 13,750 common shares underlying Class A Warrants held by Mr. Shesky and (iii) 405,251 common shares issuable upon exercise of options. Does not include (i) 252,814 common shares underlying options that are not exercisable and (ii) 1,145,790 common shares underlying restricted share units that do not vest within 60 days of April 3, 2025 held by Mr. Shesky.

(4)

Consists of (i) 220,966 common shares held by Mr. Madsbjerg, (ii) 590,509 common shares underlying options that are exercisable within 60 days of April 3, 2025 held by Mr. Madsbjerg and (iii) 68,027 common shares underlying restricted share units that may vest within 60 days of April 3, 2025. Does not include 126,407 common shares underlying options that are not exercisable within 60 days of April 3, 2025 held by Mr. Madsbjerg.

(5)

Consists of (i) 4,304,226 common shares held by Mr. Greig, (ii) 590,509 common shares underlying options and (iii) 68,027 common shares underlying restricted share units that may vest within 60 days of April 3, 2025. Does not include (i) 126,407 common shares underlying options that are not exercisable within 60 days of April 3, 2025 and (ii) 31,746 common shares underlying restricted share units that do not vest within 60 days of April 3, 2025 held by Mr. Greig.

(6)

Consists of (i) 182,966 common shares held by Mr. Hall and (ii) 68,027 common shares underlying restricted share units that may vest