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PureCycle Technologies, Inc. Director's Dealing 2021

Jul 13, 2021

31552_dirs_2021-07-12_02fa1285-8c69-4002-acf5-a6a71d7bc3e0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PureCycle Technologies, Inc. (PCT)
CIK: 0001830033
Period of Report: 2021-07-08

Reporting Person: Olson Dustin (Chief Manufacturing Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-07-08 Common Stock A 18107 Acquired 161342 Direct
2021-07-08 Common Stock A 162502 Acquired 323844 Direct
2021-07-08 Common Stock A 100 Acquired 323944 Direct

Footnotes

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 restricted stock units were granted in conjunction with the Reporting Person's offer of employment, including shares to address certain tax consequences related to profit units issued to the Reporting Person prior to the business combination. The restricted stock units 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.

F3: 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.