Jeffrey Richard Fieler - 17 Mar 2022 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)

Role
Director
Signature
Brad S. Kalter as attorney-in-fact for Jeffrey Richard Fieler
Issuer symbol
PCT
Transactions as of
17 Mar 2022
Net transactions value
+$4,999,988
Form type
4
Filing time
21 Mar 2022, 17:04:16 UTC
Previous filing
13 Aug 2021
Next filing
12 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCT Common Stock Purchase $4,999,988 +714,284 +62% $7.00 1,866,558 17 Mar 2022 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 Warrants (Right to Buy) Purchase +357,142 357,142 17 Mar 2022 Common Stock 357,142 $11.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were purchased by the Reporting Person a part of a $250 million Private Investment in a Public Equity (PIPE) transaction consummated on March 17, 2022.
F2 The securities reported in this Form 4 were acquired in the PIPE Offering in a combination of one share of the Company's common stock, par value $0.001 per share ("Common Stock"), and an accompanying one-half of one warrant to purchase one share of Common Stock (the "Warrants"), at a combined price of $7.00. The Warrants will expire on the earlier of (i) March 17, 2026 and (ii) the date fixed for redemption of the Warrants.