Timothy Glockner - Aug 11, 2021 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)

Role
Director
Signature
Brad S. Kalter as attorney-in-fact for Timothy Glockner
Stock symbol
PCT
Transactions as of
Aug 11, 2021
Transactions value $
$0
Form type
4
Date filed
8/13/2021, 04:49 PM
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCT Common Stock Award $0 +6.32K $0.00 6.32K Aug 11, 2021 Direct F1
holding PCT Common Stock 5.58M Aug 11, 2021 See Footnote F2
holding PCT Common Stock 846K Aug 11, 2021 See Footnote II F3
* 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 By self as trustee for my benefit under the Timothy E. Glockner Revocable Trust.
F3 By self as co-trustee for the benefit of my children with respect to 845,614 shares in the Barbara G. Glockner Trust fbo Timothy E. Glockner. I am a contingent remainderman with respect to this trust, but disclaim beneficial ownership of the securities held within this trust. This report shall not be deemed an admission that I am the beneficial owner of the securities held within these trusts for purposes of Section 16 or for any other purpose.