# EDGAR Filing Document

**Accession Number:** 0001798562
**File Stem:** 0001104659-25-084942
**Filing Date:** 2025-8
**Character Count:** 10877
**Document Hash:** 2e32701f8358bfed13e0a01009b46d5d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-084942.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001104659-25-084942

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250527

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** O'Sullivan Anthony
- **CENTRAL INDEX KEY:** 0001874198

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39281
- **FILM NUMBER:** 251275483

**MAIL ADDRESS:**
- **STREET 1:** 19 TENNYSON STREET
- **CITY:** BULIMBA, QUEENSLAND
- **STATE:** C3
- **ZIP:** 4171
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TMC the metals Co Inc.
- **CENTRAL INDEX KEY:** 0001798562
- **STANDARD INDUSTRIAL CLASSIFICATION:** METAL MINING [1000]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 1111 WEST HASTINGS STREET
- **STREET 2:** 15TH FLOOR
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6E 2J3
- **BUSINESS PHONE:** 888-458-3420

**MAIL ADDRESS:**
- **STREET 1:** 1111 WEST HASTINGS STREET
- **STREET 2:** 15TH FLOOR
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6E 2J3

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sustainable Opportunities Acquisition Corp.
- **DATE OF NAME CHANGE:** 20200102

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>O'Sullivan Anthony<br><sub>(Last) (First) (Middle)</sub><br>C/O TMC THE METALS COMPANY INC.,<br>1111 WEST HASTINGS STREET, 15TH FLOOR<br><sub>(Street)</sub><br>VANCOUVER, A1 V6E 2J3<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-05-27 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Development Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>TMC the metals Co Inc. [ TMC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Shares | 2025-08-26 |  | M<sup>(1)</sup> |  | 250000 | A | $0.65 | 1375667 | D |  |
| Common Shares | 2025-08-26 |  | S |  | 250000 | D | $5.25 | 1125667 | D |  |
| Common Shares | 2025-05-27 |  | S |  | 100000 | D | $4.78 | 235110<sup>(2)</sup> | I | JOZEM Pty Ltd., Trustee of the O'Sullivan Family Trust No. 1<sup>(3)</sup> |
| Common Shares | 2025-06-09 |  | S |  | 50000 | D | $4.20 | 185110 | I | JOZEM Pty Ltd., Trustee of the O'Sullivan Family Trust No. 1<sup>(3)</sup> |
| Common Shares | 2025-06-20 |  | S |  | 185110 | D | 7.094<sup>(4)</sup> | 0 | I | JOZEM Pty Ltd., Trustee of the O'Sullivan Family Trust No. 1<sup>(3)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option (right to buy) | $0.65 | 2025-08-26 |  | M<sup>(1)</sup> |  |  | 250000 | <sup>(5)</sup> | 2028-06-01 | Common Shares<sup>(6)</sup> | 1011259 | <sup>(7)</sup> | 761259 | D |  |
| Class A Special Shares | <sup>(8)</sup> | 2025-08-26 |  | M<sup>(1)</sup> |  | 5454 |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Shares | 5454 | <sup>(1)</sup> | 5454 | D |  |
| Class B Special Shares | <sup>(8)</sup> | 2025-08-26 |  | M<sup>(1)</sup> |  | 10909 |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Shares | 10909 | <sup>(1)</sup> | 10909 | D |  |
| Class C Special Shares | <sup>(8)</sup> | 2025-08-26 |  | M<sup>(1)</sup> |  | 10909 |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Shares | 10909 | <sup>(1)</sup> | 10909 | D |  |
| Class D Special Shares | <sup>(8)</sup> | 2025-08-26 |  | M<sup>(1)</sup> |  | 21818 |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Shares | 21818 | <sup>(1)</sup> | 21818 | D |  |
| Class E Special Shares | <sup>(8)</sup> | 2025-08-26 |  | M<sup>(1)</sup> |  | 21818 |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Shares | 21818 | <sup>(1)</sup> | 21818 | D |  |
| Class F Special Shares | <sup>(8)</sup> | 2025-08-26 |  | M<sup>(1)</sup> |  | 21818 |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Shares | 21818 | <sup>(1)</sup> | 21818 | D |  |
| Class G Special Shares | <sup>(8)</sup> | 2025-08-26 |  | M<sup>(1)</sup> |  | 27272 |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Shares | 27272 | <sup>(1)</sup> | 27272 | D |  |
| Class H Special Shares | <sup>(8)</sup> | 2025-08-26 |  | M<sup>(1)</sup> |  | 27272 |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Shares | 27272 | <sup>(1)</sup> | 27272 | D |  |

---

### Footnotes:

(1) Represents the exercise of stock options to purchase 250,000 common shares for cash at an exercise price of $0.65 per common share. In accordance with the terms of the stock options, the Reporting Person was also issued 5,454 Class A Special Shares, 10,909 Class B Special Shares, 10,909 Class C Special Shares, 21,818 Class C Special Shares, 21,818 Class E Special Shares, 21,818 Class F Special Shares, 27,272 Class G Special Shares and 27,272 Class H Special Shares for no additional consideration.

(2) This number updates information included in the Form 4 filed for the Reporting Person on November 29, 2023 to reflect the sale of an additional 50,000 common shares on November 17, 2023 and the amount of securities beneficially owned following the reported transaction as 335,110 (as opposed to 385,110).

(3) The Reporting Person is the sole director of JOZEM Pty Ltd., which is the trustee of The O'Sullivan Family Trust No. 1.

(4) The price reflects the average selling price of the common shares sold. These common shares were sold in multiple transactions at prices ranging from $6.85 to $7.25 per common share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of common shares sold at each price.

(5) These stock options vest in increments upon the occurrence of certain milestones, subject to continued service through each milestone, as previously disclosed in the Form 4 submitted by the Reporting Person on September 13, 2021.

(6) Also includes the right to purchase 16,609 Class A Special Shares, 33,219 Class B Special Shares, 33,219 Class C Special Shares, 66,438 Class D Special Shares, 66,438 Class E Special Shares, 66,438 Class F Special Shares, 83,048 Class G Special Shares and 83,048 Class H Special Shares.

(7) Received in connection with the Business Combination in exchange for a stock option to acquire 873,385 shares of DeepGreen common stock for $0.75 per share.

(8) Each of the Class A Special Shares, the Class B Special Shares, the Class C Special Shares, the Class D Special Shares, the Class E Special Shares, the Class F Special Shares, the Class G Special Shares and the Class H Special Shares (collectively, the "Special Shares") automatically convert into common shares on a one for one basis, if on any twenty trading days within any thirty trading day period, the common shares trade for a price that is greater than or equal to the price threshold for such class of Special Shares (the "Price Threshold") described below, or in the event of certain changes of control. The Price Thresholds for the Special Shares are as follows: Class A Special Shares ($15.00), Class B Special Shares ($25.00), Class C Special Shares ($35.00), Class D Special Shares ($50.00), Class E Special Shares ($75.00), Class F Special Shares ($100.00), Class G Special Shares ($150.00), and Class H Special Shares ($200.00).

**Signature:** /s/ Michelle Ancosky, Attorney-In-Fact  
**Date:** 2025-08-28

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**