Michael E. Dee - Mar 17, 2021 Form 4/A - Amendment Insider Report for PureCycle Technologies, Inc. (PCT)

Role
Chief Financial Officer
Signature
/s/ Brad S. Kalter, as Attorney-in-Fact
Stock symbol
PCT
Transactions as of
Mar 17, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
5/14/2021, 05:36 PM
Date Of Original Report
Mar 19, 2021
Next filing
Jun 1, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PCT Employee Stock Option (Right to Buy) Award $0 +613K $0.00 613K Mar 17, 2021 Common Stock 613K $28.90 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original Form 4, filed on March 19, 2021, is being amended by this Form 4 amendment solely to reflect a correction in the computation of the Black-Scholes value, resulting in a 184,312 increase in the number of shares subject to the option. The terms of the option will otherwise remain the same as previously reported.
F2 The option will vest in three equal annual installments beginning on March 17, 2022, generally subject to the continuous employment of the Reporting Person through each such vesting date (with the exercisability thereof subject to certain securities-based requirements).