John Stewart Scott - 11 May 2022 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)

Role: Director
Signature: Brad S. Kalter as attorney-in-fact for Dr. John Stewart Scott
Issuer symbol: PCT
Transactions as of: 11 May 2022
Net transactions value: $0
Form type: 4
Filing time: 12 May 2022, 16:16:35 UTC
Previous filing: 13 Feb 2023
Next filing: 23 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCT	Common Stock	Award	$0	+13,447	+0.84%	$0.000000	1,619,709	11 May 2022	Direct	F1
holding	PCT	Common Stock						1,125,000	11 May 2022	By The 2021 John S. Scott Family Exempt Irrevocable Trust	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 and will vest on the earlier of (a) the one-year anniversary of the date of grant and (b) the date of the Company's regular annual meeting of stockholders which occurs in the calendar year following the calendar year in which the date of grant occurs.
F2	The shares of the Company's common stock are held in a family trust of which the reporting person's spouse is trustee. Members of the reporting person's immediate family are the sole beneficiaries of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Content

The restricted stock units were granted as part of the Company's 2021 long-term incentive plan and will vest on the earlier of (a) the one-year anniversary of the date of grant and (b) the date of the Company's regular annual meeting of stockholders which occurs in the calendar year following the calendar year in which the date of grant occurs.

The shares of the Company's common stock are held in a family trust of which the reporting person's spouse is trustee. Members of the reporting person's immediate family are the sole beneficiaries of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.