Thomas L. O Connor - 04 Mar 2022 Form 4 Insider Report for PBF Energy Inc. (PBF)

Signature
/s/ Thomas O'Connor by Trecia Canty as Attorney-in-Fact
Issuer symbol
PBF
Transactions as of
04 Mar 2022
Net transactions value
-$497,624
Form type
4
Filing time
08 Mar 2022, 17:31:44 UTC
Previous filing
16 Feb 2022
Next filing
17 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBF Class A Common Stock Options Exercise $255,353 +37,999 +24% $6.72* 195,413 04 Mar 2022 Direct
transaction PBF Class A Common Stock Sale $752,977 -37,999 -19% $19.82 157,414 04 Mar 2022 Direct
holding PBF Class A Common Stock 9 04 Mar 2022 See footnote F1

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 -37,999 -33% $0.000000 75,997 04 Mar 2022 Class A Common Stock 37,999 $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.