Key facts
- This page summarizes SYLEBRA CAPITAL LLC's Form 4 filing for PureCycle Technologies, Inc. (PCT).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 16 Sep 2024, 10:54.
SYLEBRA CAPITAL LLC - 13 Sep 2024 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- PCT
- Reported as of
- 13 Sep 2024
- Net transaction value
- +$22,500,003
- SEC form
- 4
- Accepted by SEC
- 16 Sep 2024, 10:54:13 UTC
- Prior SEC filing
- 10 Jun 2024
- Next SEC filing
- 16 Sep 2024
- Source filing
- View source filing
- Reporting owner signature
- Matthew Whitehead
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
SYLEBRA CAPITAL LLC filed Form 4 for PureCycle Technologies, Inc. (PCT) on 16 Sep 2024.
Change
- Previous filing in this sequence was filed on 10 Jun 2024.
- Current net transaction value: +$22,500,003.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PCT
transaction
Common Stock
Purchase
- Transaction value
- $20,000,003
- Shares
- +4,264,393
- Change %
- +15%
- Price
- $4.69
- Shares after
- 33,050,456
- Date
- 13 Sep 2024
- Ownership
- See Footnote (1) and (2)
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PCT
transaction
Derivative
Warrants to Purchase Common Stock
Purchase
- Transaction value
- $2,500,000
- Shares
- +2,500,000
- Change %
- Price
- $1.00
- Shares after
- 2,500,000
- Date
- 13 Sep 2024
- Ownership
- See Footnote (1) and (2)
- Underlying class
- Common Stock
- Underlying amount
- 2,500,000
- Exercise price
- $11.50
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Sylebra Capital Limited (Sylebra HK) and Sylebra Capital LLC (Sylebra US) are the investment sub-advisers to Sylebra Capital Partners Master Fund, Ltd. (SCP MF), Sylebra Capital Parc Master Fund (PARC MF), Sylebra Capital Menlo Master Fund (MENLO MF), and other advisory clients. SCP MF, PARC MF, MENLO MF and other advisory clients are referred to collectively as the Affiliated Investment Entities. Sylebra Capital Management (Sylebra Cayman) is the investment manager and parent of Sylebra HK. Sylebra Cayman owns 100% of the shares of Sylebra HK, and Daniel Patrick Gibson (Gibson) owns 100% of the Class A shares of Sylebra Cayman and 100% of the membership interests of Sylebra US. Gibson is a founder and Chief Investment Officer of Sylebra Cayman. In such capacities, Sylebra HK, Sylebra US, Sylebra Cayman and Gibson may be deemed to share voting and dispositive power over the securities of the Issuer held by the Affiliated Investment Entities.
Footnote F2
These securities are held by the Affiliated Investment Entities. Sylebra HK, Sylebra US, Sylebra Cayman, and Gibson disclaim beneficial ownership of these securities, and this report shall not be deemed an admission that Sylebra HK, Sylebra US, Sylebra Cayman, and Gibson are the beneficial owners of such securities, except to the extent of their pecuniary interest, if any, therein.
Footnote F3
The warrants are immediately exercisable; however, the warrants are subject to a 19.9% stock ownership cap. As a result, the warrants are not exercisable by the Affiliated Investment Entities at any time within 60 days of the issue date.
Footnote F4
The warrants are exercisable until the earlier of (i) 5:00 p.m. (New York City time) on December 1, 2030 and (ii) the redemption date of the warrants.