PureCycle director granted 16,622-share stock award
Musa Fernando reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Musa Fernando reported acquisition or exercise transactions in this Form 4 filing.
PureCycle Technologies director Musa Fernando received an equity award rather than buying shares on the market. He was granted 16,622 shares of Common Stock at $0.00 per share as part of the company’s 2021 long-term incentive plan, structured as restricted stock units.
The units will vest on the earlier of the one-year anniversary of the grant date or the date of the company’s next regular annual stockholder meeting in the following calendar year. After this grant, Fernando directly holds 160,504 shares of PureCycle common stock, reflecting routine director compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,622 | $0.00 | $0.00 |
Footnotes (1)
- F1. The restricted stock units were granted as part of the Company's 2021 long-term incentive plan and will vest on the earlier of (a) the one-year anniversary of the date of grant and (b) the date of the Company's regular annual meeting of stockholders which occurs in the calendar year following the calendar year in which the date of grant occurs.
Key Figures
Key Terms
restricted stock units financial
long-term incentive plan financial
vest financial
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