Sylebra Capital Ltd - Mar 17, 2022 Form 3/A - Amendment Insider Report for PureCycle Technologies, Inc. (PCT)

Role
10%+ Owner
Signature
Matthew Whitehead
Stock symbol
PCT
Transactions as of
Mar 17, 2022
Transactions value $
$0
Form type
3/A - Amendment
Date filed
3/28/2022, 06:44 AM
Date Of Original Report
Mar 24, 2022
Previous filing
Nov 18, 2021
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PCT Common Stock 29.2M Mar 17, 2022 See footnotes 1 & 2 F1, F2
holding PCT Common Stock 143K Mar 17, 2022 See footnote 3 F3
holding PCT Common Stock 714K Mar 17, 2022 Direct F4

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
holding PCT Warrant to Purchase Common Stock Mar 17, 2022 Common Stock 5.54M $11.50 See footnotes 1 & 2 F1, F2, F5
holding PCT Warrant to Purchase Common Stock Mar 17, 2022 Common Stock 35.7K $11.50 See footnote 3 F3, F5
holding PCT Warrant to Purchase Common Stock Mar 17, 2022 Common Stock 357K $11.50 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sylebra Capital Limited (Sylebra HK) is the investment sub-adviser to Sylebra Capital Partners Master Fund, Ltd. (SCP MF),Sylebra Capital Parc Master Fund (PARC MF), Sylebra Capital Menlo Master Fund (MENLO MF), and other advisory clients. Sylebra Capital Management (Sylebra Cayman) is the investment manager and parent of Sylebra HK. Sylebra Cayman owns 100% of the shares of Sylebra HK. Daniel Gibson (Mr. Gibson) owns 100% of the shares of Sylebra Cayman. In such capacities, Sylebra HK, Sylebra Cayman and Mr. Gibson may be deemed to share voting and dispositive power over the shares of common stock of the Issuer held by SCP MF, PARC MF, MENLO MF, and other advisory clients.
F2 These securities are held by SCP MF, PARC MF, MENLO MF, and other advisory clients. Sylebra HK, Sylebra Cayman and Mr. Gibson disclaim beneficial ownership of these securities, and this report shall not be deemed an admission that Sylebra HK, Sylebra Cayman and Mr. Gibson are the beneficial owners of such securities, except to the extent of their pecuniary interest, if any, therein.
F3 These securities are held by Gibson's Korner LLC. Mr. Gibson is the sole equity holder of Gibson's Korner LLC and may be deemed to share voting and dispositive power over the shares of common stock of the Issuer held by Gibson's Korner LLC. Mr. Gibson disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, therein.
F4 These are owned by Mr. Gibson.
F5 The Class A Warrants become exercisable on the six-month anniversary of the issue date and expire on the four year anniversary of the issue date.

Remarks:

This Form 3 amendment is being filed to include Mr. Gibson's ownership - see footnotes 1 and 2.