Michael Otworth - Jul 8, 2021 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)

Role
Chairman and CEO, Director
Signature
/s/ Brad S. Kalter as attorney-in-fact for Michael Otworth
Stock symbol
PCT
Transactions as of
Jul 8, 2021
Transactions value $
$0
Form type
4
Date filed
7/12/2021, 09:02 PM
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCT Common Stock Award $0 +69.8K +1.75% $0.00 4.07M Jul 8, 2021 Direct F1
transaction PCT Common Stock Award $0 +100 +0% $0.00 4.07M Jul 8, 2021 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 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 vest immediately upon grant.