Melissa Trednick - 08 Jul 2021 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)

Role
Corporate Controller
Signature
/s/ Brad S. Kalter as Attorney-in-Fact for Melissa Trednick
Issuer symbol
PCT
Transactions as of
08 Jul 2021
Net transactions value
$0
Form type
4
Filing time
12 Jul 2021, 20:59:30 UTC
Previous filing
26 May 2021
Next filing
04 Mar 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 +10,347 $0.000000 10,347 08 Jul 2021 Direct F1
transaction PCT Common Stock Award $0 +25,867 +250% $0.000000 36,214 08 Jul 2021 Direct F2
transaction PCT Common Stock Award $0 +100 +0.28% $0.000000 36,314 08 Jul 2021 Direct F3
holding PCT Common Stock 11,400 08 Jul 2021 By Melissa Westerman Living Trust
* 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 The restricted stock units were granted in conjunction with the Reporting Person's offer of employment 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.
F3 The shares of common stock were issued as a one-time award to each employee in recognition of the Company's being listed on the NASDAQ Exchange. The shares vested immediately upon grant.