SYLEBRA CAPITAL LLC - 20 Jun 2025 Form 4 Insider Report for PureCycle Technologies, Inc. (PCT)

Reporting relationship: 10%+ Owner
Issuer ticker: PCT
Reported as of: 20 Jun 2025
Net transaction value: +$40,000,000
SEC form: 4
Accepted by SEC: 23 Jun 2025, 21:42:33 UTC
Prior SEC filing: 13 Jun 2025
Next SEC filing: 12 Sep 2025
Source filing: View source filing
Reporting owner signature: Matthew Whitehead, Authorised Signatory

Key filing fact

SYLEBRA CAPITAL LLC filed Form 4 for PureCycle Technologies, Inc. (PCT) on 23 Jun 2025.

Key facts

This page summarizes SYLEBRA CAPITAL LLC's Form 4 filing for PureCycle Technologies, Inc. (PCT).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 23 Jun 2025, 21:42.

Change

Previous filing in this sequence was filed on 13 Jun 2025.
Current net transaction value: +$40,000,000.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0002003074 Primary reporting owner

SYLEBRA CAPITAL LLC

Relationship: 10%+ Owner
Address: 3000 EL CAMINO REAL BUILDING 5 SUITE 450, PALO ALTO
Signature: Matthew Whitehead, Authorised Signatory
Signature date: 23 Jun 2025

CIK 0001745725

Gibson Daniel Patrick

Relationship: Director, 10%+ Owner
Address: 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE
Signature: Matthew Whitehead, Authorised Signatory
Signature date: 23 Jun 2025

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PCT transaction Derivative

Series B Convertible Preferred Stock

Purchase

Transaction value: $40,000,000
Shares: +40,000
Change %
Price: $1000.00^*
Shares after: 40,000
Date: 20 Jun 2025
Ownership: See Footnote
Underlying class: Common Stock
Underlying amount: 0
Exercise price: $14.02
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 such 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 Series B Convertible Preferred Stock is perpetual and therefore has no expiration date.

Footnote F4

0 in the column should be disregarded due to formatting issue. The Series B Convertible Preferred Stock is convertible into shares of Common Stock of the issuer at a conversion rate equal to (a) the sum of $1,000 plus in kind dividends plus accrued dividends divided by (b) the conversion price.