HESS MICHAEL BERNARD enters TMC THE METALS CO INC. with 3.33M shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Indirect Derivatives
Filed: 7/22/2025ACC: 0001104659-25-069597
Director
Since Jun 2025
3.33M
Baseline shares
0.00
Direct ownership
0 positions
8.33M
Derivative underlying
2 instruments
1
Security positions
3.33M indirect
Non-Derivative Holdings1
Common Shares
IndirectShares owned3.33M
Total
3.33M indirect3.33M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Shares | 3.33M | Indirect |
| Total | 3.33M | 3.33M indirect |
Derivative Holdings2
Stock Option (right to buy)
DirectUnderlying security
Common Shares
Underlying shares
5M
Shares owned
N/A
Exercise price
4.66
Expiration
—
Exercise window
—
Class C Warrant (right to buy)
IndirectUnderlying security
Common Shares
Underlying shares
3.33M
Shares owned
N/A
Exercise price
4.50
Expiration
—
Exercise window
—
Total
Underlying
8.33M
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Stock Option (right to buy) Direct | Common Shares | 4.66 | — | — | 5M | N/A |
| Class C Warrant (right to buy) Indirect | Common Shares | 4.50 | — | — | 3.33M | N/A |
| Total | 8.33M | 0.00 | ||||