PureCycle (PCT) CAO Gregory Barta awarded stock and options in incentive plan
Rhea-AI Filing Summary
PureCycle Technologies, Inc. corporate controller and chief accounting officer Gregory L. Barta reported equity awards consisting of common stock and stock options. He acquired 9,969 shares of common stock and 7,459 employee stock options, each with a price per share of $0.00, reflecting granted compensation rather than open-market purchases.
The common stock was granted as restricted stock units under the company’s 2021 long-term incentive plan and vests over four years, with one quarter of the award vesting in each of four periods. The nonqualified stock option award is subject to a three-year vesting schedule following the grant date. After these awards, he directly holds 18,311 shares of common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 7,459 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 9,969 | $0.00 | $0.00 |
Footnotes (2)
- 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.
- F2. Exercise of the nonqualified award is subject to vesting three years following the date of grant.
FAQ
What insider transactions did PureCycle Technologies (PCT) report for Gregory L. Barta?
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