Thomas O. Connor - Mar 4, 2022 Form 4 Insider Report for PBF Energy Inc. (PBF)

Role: Senior Vice President
Signature: /s/ Thomas O'Connor by Trecia Canty as Attorney-in-Fact
Stock symbol: PBF
Transactions as of: Mar 4, 2022
Transactions value $: -$497,624
Form type: 4
Date filed: 3/8/2022, 05:31 PM
Previous filing: Feb 16, 2022
Next filing: May 17, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PBF	Class A Common Stock	Options Exercise	$255K	+38K	+24.14%	$6.72^*	195K	Mar 4, 2022	Direct
transaction	PBF	Class A Common Stock	Sale	-$753K	-38K	-19.45%	$19.82	157K	Mar 4, 2022	Direct
holding	PBF	Class A Common Stock						8.52	Mar 4, 2022	See footnote	F1

Showing 1 to 3 of 3 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PBF	Employee Stock Option (Right to Buy)	Options Exercise	$0	-38K	-33.33%	$0.00	76K	Mar 4, 2022	Class A Common Stock	38K	$6.72	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents number of shares of Class A Common Stock acquired under PBF Energy Inc.'s 401(k) Plan as of February 15, 2022, per Vanguard records.
F2	Represents options to purchase shares of Class A Common Stock. The options vest in three equal annual installments beginning on November 9, 2021.