Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PBFX | Common Unit representing limited partner interest | Options Exercise | $0 | +5K | +2.78% | $0.00 | 185K | Oct 26, 2021 | Direct | |
transaction | PBFX | Common Unit representing limited partner interest | Tax liability | -$35.7K | -2.56K | -1.39% | $13.95 | 182K | Oct 26, 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 | -5K | -25% | 15K | Oct 26, 2021 | Common Unit representing LP interest | 5K | 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 phantom units will vest in three equal annual installments beginning on October 26, 2022. |