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

Signature
Brad S. Kalter as attorney-in-fact for Lawrence C. Somma
Issuer symbol
PCT
Transactions as of
22 Mar 2023
Net transactions value
$0
Form type
4
Filing time
23 Mar 2023, 16:56:02 UTC
Previous filing
04 Mar 2022
Next filing
17 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCT Common Stock Award $0 +107,456 +36% $0.000000 407,861 22 Mar 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 +69,130 $0.000000 69,130 22 Mar 2023 Common Stock 69,130 $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.