| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TMC | Common Shares | Options Exercise | $0 | +188K | +20.86% | $0.00 | 1.09M | Mar 20, 2025 | Direct | F1, F2 |
| transaction | TMC | Common Shares | Options Exercise | $0 | +167K | +15.31% | $0.00 | 1.25M | Mar 20, 2025 | Direct | F3 |
| transaction | TMC | Common Shares | Award | $0 | +246K | +19.58% | $0.00 | 1.5M | Mar 20, 2025 | Direct | F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TMC | Restricted Stock Units | Options Exercise | $0 | -188K | -50% | $0.00 | 188K | Mar 20, 2025 | Common Shares | 188K | Direct | F5, F6 | |
| transaction | TMC | Restricted Stock Units | Options Exercise | $0 | -167K | -33.33% | $0.00 | 333K | Mar 20, 2025 | Common Shares | 167K | Direct | F5, F7 | |
| transaction | TMC | Restricted Stock Units | Award | $0 | +625K | $0.00 | 625K | Mar 20, 2025 | Common Shares | 625K | Direct | F5, F8 |
| Id | Content |
|---|---|
| F1 | Consists of restricted stock units ("RSUs") that converted to common shares on a one-to-one basis. The RSUs were granted on March 20, 2023 and 1/3 vested on March 20, 2024 and 1/3 vested on March 20, 2025. The remaining RSUs will vest on March 20, 2026, subject to continued service through such date. |
| F2 | This number updates information included in the Form 4 filed for the reporting person on November 27, 2024, to reflect the amount of securities beneficially owned following the reported transaction as 899,719 (as opposed to 977,844). |
| F3 | Consists of RSUs that converted to common shares on a one-to-one basis. The RSUs were granted on March 20, 2024 and 1/3 vested on March 20, 2025. The remaining RSUs will vest as follows, subject to continued service through each vesting date: 1/3 of the total award on March 20, 2026 and the remaining amount on March 20, 2027. |
| F4 | Represents common shares underlying RSUs granted on March 20, 2025. Each RSU represents the right to receive one common share upon vesting. The RSUs were granted and vested upon issuance as part of the Issuer's short-term incentive plan. |
| F5 | Each RSU represents the right to receive one common share upon vesting. |
| F6 | The RSUs were granted as part of the Issuer's long-term incentive plan and vest over a three year period as follows, subject to continued service through each vesting date: 1/3 on the first anniversary of March 20, 2023 (the "2023 Grant Date"), 1/3 on the second anniversary of the 2023 Grant Date and 1/3 on the third anniversary of the 2023 Grant Date. 2/3 of the RSUs have vested and have been settled as of the date hereof. |
| F7 | The RSUs were granted as part of the Issuer's long-term incentive plan and vest over a three year period as follows, subject to continued service through each vesting date: 1/3 on the first anniversary of March 20, 2024 (the "2024 Grant Date"), 1/3 on the second anniversary of the 2024 Grant Date and 1/3 on the third anniversary of the 2024 Grant Date. 1/3 of the RSUs have vested and have been settled as of the date hereof. |
| F8 | The RSUs were granted as part of the Issuer's long-term incentive plan and vest over a three year period as follows, subject to continued service through each vesting date: 1/3 on the first anniversary of March 20, 2025 (the "2025 Grant Date"), 1/3 on the second anniversary of the 2025 Grant Date and 1/3 on the third anniversary of the 2025 Grant Date. |
Exhibit 24.1 - Power of Attorney