Form 4 for PCT PureCycle Technologies, Inc.

Accepted 2021-07-12 00:00:00 ET · period of report 2021-07-08 · accession 0001847079-21-000003 · 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
M	2021-07-12	2021-07-08	PCT	Olson Dustin	Chief Manufacturing Off	A - Grant	$0.00	+180.7K	323.8K	+126%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-07-08	A	A	18,107	$0.00	161,342	D	—	—	(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.
2	Common	Common Stock	2021-07-08	A	A	100	$0.00	323,944	D	—	—	(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.
3	Common	Common Stock	2021-07-08	A	A	162,502	$0.00	323,844	D	—	—	(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.