Wendy Ho - Apr 11, 2022 Form 3 Insider Report for PBF Logistics LP (PBFX)

Role
Senior Vice President, HR
Signature
/s/ Wendy Ho Tai by Trecia Canty as Attorney-in-Fact
Stock symbol
PBFX
Transactions as of
Apr 11, 2022
Transactions value $
$0
Form type
3
Date filed
4/20/2022, 06:35 PM
Next filing
Apr 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PBFX Common Units representing limited partner interests 9.87K Apr 11, 2022 Direct

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
holding PBFX Phantom Units Apr 11, 2022 Common Units representing LP interest 2.19K Direct F1, F2
holding PBFX Phantom Units Apr 11, 2022 Common Units representing LP interest 2.5K Direct F2, F3
holding PBFX Phantom Units Apr 11, 2022 Common Units representing LP interest 3.75K Direct F2, F4
holding PBFX Phantom Units Apr 11, 2022 Common Units representing LP interest 5K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The phantom units were granted on August 27, 2018 and will vest on August 27, 2022.
F2 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.
F3 The phantom units were granted on April 29, 2019 and will vest in two equal annual installments beginning on April 29, 2022.
F4 The phantom units were granted on October 26, 2020 and will vest in three equal annual installments beginning on October 26, 2022.
F5 The phantom units were granted on April 26, 2021 and will vest in four equal annual installments beginning on April 26, 2022.