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PureCycle Technologies, Inc. — Director's Dealing 2022
Mar 21, 2022
31552_dirs_2022-03-21_56e9ba48-955e-4b88-b343-f63e1f116408.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: 2022-03-17
Reporting Person: Fieler Jeffrey Richard (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-17 | Common Stock | P | 714284 | $7 | Acquired | 1866558 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-17 | Warrants (Right to Buy) | $11.5 | P | 357142 | Acquired | Common Stock (357142.0) | Direct |
Footnotes
F1: These shares were purchased by the Reporting Person a part of a $250 million Private Investment in a Public Equity (PIPE) transaction consummated on March 17, 2022.
F2: The securities reported in this Form 4 were acquired in the PIPE Offering in a combination of one share of the Company's common stock, par value $0.001 per share ("Common Stock"), and an accompanying one-half of one warrant to purchase one share of Common Stock (the "Warrants"), at a combined price of $7.00. The Warrants will expire on the earlier of (i) March 17, 2026 and (ii) the date fixed for redemption of the Warrants.