Form 4 for PCT PureCycle Technologies, Inc.
Accepted 2022-03-21 00:00:00 ET · period of report 2022-03-17 · accession 0001628280-22-006806 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-21 | 2022-03-17 | PCT | Fieler Jeffrey Richard | Dir | P - Purchase | $7.00 | +714.3K | 1.87M | +62% | +$5.00M |
| D | 2022-03-21 | 2022-03-17 | PCT | Fieler Jeffrey Richard | Dir | P - Purchase | — | +357.1K | 357.1K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-17 | P | A | 714,284 | $7.00 | 1,866,558 | D | — | — | (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. |
| 2 | Derivative | Warrants (Right to Buy) | 2022-03-17 | P | A | 357,142 | — | 357,142 | D | $11.50 · 2022-09-17 to — | 357,142 Common Stock | (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. |