# EDGAR Filing Document

**Accession Number:** 0001798562
**File Stem:** 0001104659-26-002541
**Filing Date:** 2026-1
**Character Count:** 11752
**Document Hash:** ff02a9891e634056bb351c48fcbd9416
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-002541.hdr.sgml**: 20260109

**ACCESSION NUMBER**: 0001104659-26-002541

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260108

**FILED AS OF DATE**: 20260109

**DATE AS OF CHANGE**: 20260109

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Greig Andrew Carlyle
- **CENTRAL INDEX KEY:** 0001652486

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39281
- **FILM NUMBER:** 26524007

**MAIL ADDRESS:**
- **STREET 1:** 1 MACQUARIE ST
- **CITY:** TENERIFFE, QLD
- **STATE:** C3
- **ZIP:** 4005
**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>Greig Andrew Carlyle<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>2026-01-08 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **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 | 2026-01-08 |  | M<sup>(1)</sup> |  | 11578 | A | $0.52 | 4459497 | D |  |
| Common Shares | 2026-01-08 |  | M<sup>(2)</sup> |  | 578931 | A | $2.60 | 5038428 | D |  |
| Common Shares | 2026-01-08 |  | M<sup>(3)</sup> |  | 31602 | A | $0.65 | 5070030 | D |  |

---

## 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) | $0.52 | 2026-01-08 |  | M<sup>(1)</sup> |  |  | 11578 | <sup>(4)</sup> | 2026-01-27 | Common Shares<sup>(5)</sup> | 11578<sup>(5)</sup> | <sup>(6)</sup> | 0 | D |  |
| Stock Option (right to buy) | $2.60 | 2026-01-08 |  | M<sup>(2)</sup> |  |  | 578931 | <sup>(7)</sup> | 2026-01-27 | Common Shares<sup>(8)</sup> | 578931<sup>(8)</sup> | <sup>(6)</sup> | 0 | D |  |
| Stock Option (right to buy) | $0.65 | 2026-01-08 |  | M<sup>(3)</sup> |  |  | 31602 | <sup>(9)</sup> | 2028-06-01 | Common Shares<sup>(10)</sup> | 31602<sup>(10)</sup> | <sup>(6)</sup> | 94805<sup>(13)</sup> | D |  |
| Class A Special Shares | <sup>(11)</sup> | 2026-01-08 |  | M<sup>(12)</sup> |  | 13572 |  | <sup>(11)</sup> | <sup>(11)</sup> | Common Shares | 13572 | <sup>(11)</sup> | 102937 | D |  |
| Class B Special Shares | <sup>(11)</sup> | 2026-01-08 |  | M<sup>(12)</sup> |  | 27146 |  | <sup>(11)</sup> | <sup>(11)</sup> | Common Shares | 27146 | <sup>(11)</sup> | 205875 | D |  |
| Class C Special Shares | <sup>(11)</sup> | 2026-01-08 |  | M<sup>(12)</sup> |  | 27146 |  | <sup>(11)</sup> | <sup>(11)</sup> | Common Shares | 27146 | <sup>(11)</sup> | 205875 | D |  |
| Class D Special Shares | <sup>(11)</sup> | 2026-01-08 |  | M<sup>(12)</sup> |  | 54293 |  | <sup>(11)</sup> | <sup>(11)</sup> | Common Shares | 54293 | <sup>(11)</sup> | 411752 | D |  |
| Class E Special Shares | <sup>(11)</sup> | 2026-01-08 |  | M<sup>(12)</sup> |  | 54293 |  | <sup>(11)</sup> | <sup>(11)</sup> | Common Shares | 54293 | <sup>(11)</sup> | 411752 | D |  |
| Class F Special Shares | <sup>(11)</sup> | 2026-01-08 |  | M<sup>(12)</sup> |  | 54293 |  | <sup>(11)</sup> | <sup>(11)</sup> | Common Shares | 54293 | <sup>(11)</sup> | 411752 | D |  |
| Class G Special Shares | <sup>(11)</sup> | 2026-01-08 |  | M<sup>(12)</sup> |  | 67867 |  | <sup>(11)</sup> | <sup>(11)</sup> | Common Shares | 67867 | <sup>(11)</sup> | 514691 | D |  |
| Class H Special Shares | <sup>(11)</sup> | 2026-01-08 |  | M<sup>(12)</sup> |  | 67867 |  | <sup>(11)</sup> | <sup>(11)</sup> | Common Shares | 67867 | <sup>(11)</sup> | 514691 | D |  |

---

### Footnotes:

(1) Represents the exercise of stock options to purchase 11,578 common shares for cash at an exercise price of $0.52 per common share. In accordance with the terms of the stock options, the Reporting Person was also issued 252 Class A Special Shares, 505 Class B Special Shares, 505 Class C Special Shares, 1,010 Class D Special Shares, 1,010 Class E Special Shares, 1,010 Class F Special Shares, 1,263 Class G Special Shares and 1,263 Class H Special Shares for no additional consideration.

(2) Represents the exercise of stock options to purchase 578,931 common shares for cash at an exercise price of $2.60 per common share. In accordance with the terms of the stock options, the Reporting Person was also issued 12,631 Class A Special Shares, 25,262 Class B Special Shares, 25,262 Class C Special Shares, 50,525 Class D Special Shares, 50,525 Class E Special Shares, 50,525 Class F Special Shares, 63,157 Class G Special Shares and 63,157 Class H Special Shares for no additional consideration.

(3) Represents the exercise of stock options to purchase 31,602 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 689 Class A Special Shares, 1,379 Class B Special Shares, 1,379 Class C Special Shares, 2,758 Class D Special Shares, 2,758 Class E Special Shares, 2,758 Class F Special Shares, 3,447 Class G Special Shares and 3,447 Class H Special Shares for no additional consideration.

(4) Was fully vested as of February 17, 2021.

(5) Also included the right to purchase 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") set forth in Footnote 1 above.

(6) Received by the Reporting Person as described in the Form 3 submitted by the Reporting Person on October 12, 2022.

(7) Was fully vested as of July 1, 2020.

(8) Also included the right to purchase the Special Shares set forth in Footnote 2 above.

(9) These stock options vest in increments upon the occurrence of certain milestones, subject to continued service through each milestone.

(10) Also included the right to purchase the Special Shares set forth in Footnote 3 above.

(11) 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).

(12) Represents the aggregate amount of the specified class of Special Shares acquired upon the exercise of stock options referenced in Footnotes 1, 2 and 3 above.

(13) Also includes the right to purchase 2,069 Class A Special Shares, 4,137 Class B Special Shares, 4,137 Class C Special Shares, 8,274 Class D Special Shares, 8,274 Class E Special Shares, 8,274 Class F Special Shares, 10,343 Class G Special Shares and 10,343 Class H Special Shares.

**Signature:** /s/ Michelle Ancosky, Attorney-In-Fact  
**Date:** 2026-01-09

### 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.**