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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.