Hi,
If the vessel is sinking 4m/s, the pressure increases 0.4bar/s. In a worst case scenario you can calculate
Say your vessel can withstand an external pressure of 2 barg and have a volume V.
If we would forget to open all holes and drag the vessel down 20m we would reach its pressure limit. We now open the bottom holes and simulate 1 second, the external pressure would now be 2.4 barg.
In order to hold, the internal pressure would have to reach 0.4 barg in that same second. This equals a compression of the air according to p*V=p_2*V_2, or 1bara*V=1.4bara*V_2. V_2 = 0.71 V. Thus 0.29 V would have to be filled with water in one second or Vs = 0.29V/s (29% of the volume per second)
If you are able to get a flow of 29% of the vessel volume through the bottom holes with a differential pressure 2 bar (or whatever the vessel can withstand) you are ok with margin as the top holes would further help stabilize the pressure.
Unfortunately i realize at this point that this will not be the case and you will have to make a simulation or similar..
The simulation will be difficult as modeling the top hole will be complicated. You will have an underpressure in the vessel and water will try to get in and air bubbles out.