Dustin Olson - 04 Aug 2022 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)

Role
Chief Executive Officer, Director
Signature
/s/ Brad S. Kalter as attorney-in-fact for Dustin Olson
Issuer symbol
PCT
Transactions as of
04 Aug 2022
Net transactions value
-$10,108
Form type
4
Filing time
08 Aug 2022, 07:56:15 UTC
Previous filing
12 Jul 2022
Next filing
06 Sep 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 Tax liability $10,108 -1,174 -0.31% $8.61 375,409 04 Aug 2022 Direct F1
transaction PCT Common Stock Award $0 +113,332 +30% $0.000000 488,741 05 Aug 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction reflects shares withheld to pay taxes due upon vesting of 2,984 of the 143,235 shares granted in connection with the Reporting Person's employment offer.
F2 The restricted stock units were granted as part of the reporting person's appointment as Chief Executive Officer 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.