Dustin Olson - Feb 21, 2024 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)

Signature
/s/ Brad S. Kalter as attorney-in-fact for Dustin Olson
Stock symbol
PCT
Transactions as of
Feb 21, 2024
Transactions value $
$0
Form type
4
Date filed
2/23/2024, 04:11 PM
Previous filing
Nov 13, 2023
Next filing
Mar 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCT Common Stock Award $0 +303K +38.54% $0.00 1.09M Feb 21, 2024 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 Employee Stock Option (Right to Buy) Award $0 +148K $0.00 148K Feb 21, 2024 Common Stock 148K $5.89 Direct F2
* 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 Exercise of the nonqualified award is subject to vesting three years following the date of grant.