Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PBFX | Common Units representing limited partner interest | Options Exercise | $0 | +1.31K | +4.63% | $0.00 | 29.7K | Jul 1, 2021 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PBFX | Phantom Unit | Options Exercise | -1.31K | -25% | 3.94K | Jul 1, 2021 | Common Unit Representing LP interest | 1.31K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each phantom unit with distribution equivalent rights ("DER"), represents a contingent right to receive one common unit representing a limited partner interest in the Issuer or, at the election of the Board of Directors of PBF Logistics GP LLC, cash or a combination of the two. DERs shall be settled in cash. |
F2 | The remaining phantom units will vest in three equal annual installments beginning on July 1, 2022. |