Lawrence C. Somma - Mar 22, 2023 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)

Role
Chief Financial Officer
Signature
Brad S. Kalter as attorney-in-fact for Lawrence C. Somma
Stock symbol
PCT
Transactions as of
Mar 22, 2023
Transactions value $
$0
Form type
4
Date filed
3/23/2023, 04:56 PM
Previous filing
Mar 4, 2022
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCT Common Stock Award $0 +107K +35.77% $0.00 408K Mar 22, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PCT Employee Stock Option (Right to Buy) Award $0 +69.1K $0.00 69.1K Mar 22, 2023 Common Stock 69.1K $5.72 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were granted as part of the Company's 2021 long-term incentive plan grant cycle and are subject to vesting over four years with one quarter, rounded down to the nearest whole share of stock, vesting in each of the four periods.
F2 Exercise of the nonqualified award is subject to vesting three years following the date of grant.