Company: TMCWW
Filing Date: 2025-04-08
Form Type: PRE 14A
Source: 0001104659-25-032724
Chunk: 18

Company: TMC the metals Co Inc.
Filing Date: 2025-04-08
Form: PRE 14A
Chunk 18
---
 days of April 3, 2025 and (ii) 1,145,790 common shares underlying restricted share units that do not vest within 60 days of April 3, 2025 held by Ms. Ilves.

(11)

Consists of (i) 700,000 common shares held by Mr. Jurvetson and (ii) 1,146,667 common shares underlying options that are exercisable within 60 days of April 3, 2025. Does not include 2,293,333 common shares underlying unvested options granted to Mr. Jurvetson on April 9, 2025.

(12)

Consists of (i) 176,392 common shares held by Mr. May and (ii) 90,703 common shares underlying restricted stock units that may vest within 60 days of April 3, 2025. Does not include 45,351 common shares underlying restricted share units that do not vest within 60 days of April 3, 2025 held by Mr. May.

(13)

See footnotes (2) through (12). Includes (i) 591,554 common shares held in the aggregate by executive officers other than the named executive officers and (ii) 685,672 common shares underlying options that are exercisable within 60 days of April 3, 2025 held in the aggregate by executive officers other than the named executive officers. Does not include (i) 1,011,259 common shares underlying options that are not exercisable within 60 days of April 3, 2025 held in the aggregate by executive officers other than the named executive officers and (ii) 698,430 common shares underlying restricted share units that do not vest within 60 days of April 3, 2025 held in the aggregate by executive officers other than the named executive officers.

(14)

The address of ERAS is 323 Marina Boulevard, San Francisco, California 94123. Consists of (i) 60,953,495 common shares, (ii) 1,414,716 common shares issuable upon exercise of warrants owned by ERAS and (iii) 2,500,000 common shares underlying Class A Warrants held by ERAS. The Class A Warrants 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