Company: TMCWW
Filing Date: 2025-07-08
Form Type: PRE 14A
Source: 0001104659-25-066460
Chunk: 23

Company: TMC the metals Co Inc.
Filing Date: 2025-07-08
Form: PRE 14A
Chunk 23
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 ​ | 1,686,783 | ​ | ​ |
| ​                                     | ​ | ​ | 2023 | ​ |    ​ | ​ | ​ | ​ |   412,500 | ​ |       ​ | ​ | ​ | ​ |     309,375 | ​ |       ​ | ​ | ​ | ​ |           540,468 | ​ |         ​ | ​ | ​ | ​ |                      41,250 | ​ |      ​ | ​ | ​ | ​ | 1,303,593 | ​ |         ​ |   |   |
| Erika IlvesChief Strategy Officer     | ​ | ​ |    ​ | ​ | 2024 | ​ | ​ | ​ |         ​ | ​ | 487,000 | ​ | ​ | ​ |           ​ | ​ | 401,775 | ​ | ​ | ​ |                 ​ | ​ |   724,283 | ​ | ​ | ​ |                           ​ | ​ | 48,700 | ​ | ​ | ​ |         ​ | ​ | 1,661,758 | ​ | ​ |
| ​                                     | ​ | ​ | 2023 | ​ |    ​ | ​ | ​ | ​ |   433,333 | ​ |       ​ | ​ | ​ | ​ |     325,000 | ​ |       ​ | ​ | ​ | ​ |           540,468 | ​ |         ​ | ​ | ​ | ​ |                     109,333 | ​ |      ​ | ​ | ​ | ​ | 1,408,134 | ​ |         ​ |   |   |

(1) The executives received their entire 2024 STIP bonus in the form of immediately vested RSUs. The number of 2024 STIP RSUs granted was 341,806 units for Gerard Barron, 245,536 units for Craig Shesky and 239,152 units for Erika Ilves. The 2024 STIP RSUs were granted on March 4, 2025, effective as of March 20, 2025, and the number of STIP RSUs issued to each executive was based on the closing price of our common shares on the approval date of $1.68. For the year ended December 31, 2023, we awarded an annual STIP bonus at 75% of target. The executives received their entire 2023 STIP bonus in the form of immediately vested RSUs.