Form 4 for TMC TMC the metals Co Inc.
Accepted 2021-12-28 00:00:00 ET · period of report 2021-12-24 · accession 0001104659-21-153989 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-12-28 | 2021-12-24 | TMC | Karkar Andrei | Dir, 10% | P - Purchase | $2.00 | +749.0K | 42.62M | +2% | +$1.50M |
| DI | 2021-12-28 | 2021-12-24 | TMC | Karkar Andrei | Dir, 10% | P - Purchase | — | +1.41M | 1.41M | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2021-12-24 | P | A | 748,957 | $2.00 | 42,620,976 | I Eras Capital LLC | — | — | (F1) The securities are held directly by ERAS Capital LLC ("ERAS"). The Reporting Person is the managing member of ERAS and shares voting and dispositive power over and may be deemed to beneficially own such securities held by ERAS. The Reporting Person disclaims beneficial ownership over any securities owned by ERAS other than to the extent of any pecuniary interest he may have therein. |
| 2 | Derivative | Warrants to purchase Common Shares | 2021-12-24 | P | A | 1,414,716 | — | 1,414,716 | I Eras Capital LLC | $11.50 · — to — | 1,414,716 Common Shares | (F2) On December 24, 2021, ERAS Capital LLC purchased warrants to purchase an aggregate of 1,414,716 Common Shares, which warrants are subject to the Warrant Agreement dated as of May 8, 2020 between the Issuer and Continental Stock Transfer & Trust Company, as warrant agent, in privately negotiated transactions for an aggregate purchase price of $481,003.34. The warrants may be exercised only during the period commencing 30 days after the September 9, 2021 completion of the initial business combination (the "Business Combination") of Sustainable Opportunities Acquisition Corp. (the former name of the Issuer) with DeepGreen Metals Inc. and expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. (F1) The securities are held directly by ERAS Capital LLC ("ERAS"). The Reporting Person is the managing member of ERAS and shares voting and dispositive power over and may be deemed to beneficially own such securities held by ERAS. The Reporting Person disclaims beneficial ownership over any securities owned by ERAS other than to the extent of any pecuniary interest he may have therein. |