4//SEC Filing
Otworth Michael 4
Accession 0001847082-22-000005
CIK 0001830033other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 4:54 PM ET
Size
7.5 KB
Accession
0001847082-22-000005
Insider Transaction Report
Form 4
Otworth Michael
DirectorChairman & CEO
Transactions
- Purchase
Common Stock
2022-03-17$7.00/sh+142,856$999,992→ 4,436,852 total - Purchase
Warrants (Right to Buy)
2022-03-17+71,428→ 71,428 totalExercise: $11.50From: 2022-09-17→ Common Stock (71,428 underlying)
Footnotes (2)
- [F1]Represents shares purchased by the Reporting Person in connection with a $250 million private placement transaction consummated on March 17, 2022 (the "PIPE Offering") by PureCycle Technologies, Inc. (the "Company").
- [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.
Documents
Issuer
PureCycle Technologies, Inc.
CIK 0001830033
Entity typeother
Related Parties
1- filerCIK 0001847082
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 4:54 PM ET
- Size
- 7.5 KB