Jeffrey Richard Fieler - Feb 28, 2024 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)

Role
Director
Signature
Brad S. Kalter as attorney-in-fact for Jeffrey Richard Fieler
Stock symbol
PCT
Transactions as of
Feb 28, 2024
Transactions value $
$0
Form type
4
Date filed
3/1/2024, 05:36 PM
Previous filing
Feb 1, 2024
Next filing
May 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCT Common Stock Award $0 +18.2K +0.95% $0.00 1.94M Feb 28, 2024 Direct F1
transaction PCT Common Stock Award $0 +8.3K +0.43% $0.00 1.95M Feb 29, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The award of common stock represents the bonus of $90,000, which is the target bonus under Mr. Fieler's Independent Contractor Agreement, dated December 1, 2023, between PureCycle Technologies, Inc. and Mr. Fieler, pursuant to which Mr. Fieler agreed to serve as Interim Chief Financial Officer. Pursuant to the Independent Contractor Agreement, the target bonus is prorated for the number of months over a twelve-month period in which Mr. Fieler served as Interim Chief Financial Officer.
F2 The award of common stock represents the monthly compensation for the month of February 2024 paid to Mr. Fieler pursuant to the Independent Contractor Agreement.