T. Paul Davis - May 4, 2022 Form 4 Insider Report for PBF Energy Inc. (PBF)

Signature
/s/ Paul Davis by Trecia Canty as Attorney-in-Fact
Stock symbol
PBF
Transactions as of
May 4, 2022
Transactions value $
-$1,281,433
Form type
4
Date filed
5/6/2022, 04:46 PM
Previous filing
Feb 17, 2022
Next filing
Nov 7, 2022

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 +86.11% $6.72* 82.1K May 4, 2022 Direct
transaction PBF Class A Common Stock Options Exercise $802K +37.5K +45.66% $21.38 120K May 4, 2022 Direct
transaction PBF Class A Common Stock Sale -$2.34M -75.5K -63.11% $30.97 44.1K May 4, 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
transaction PBF Employee Stock Option (Right to Buy) Options Exercise $0 -38K -33.33% $0.00 76K May 4, 2022 Class A Common Stock 38K $6.72 Direct F1
transaction PBF Employee Stock Option (Right to Buy) Options Exercise $0 -37.5K -50% $0.00 37.5K May 4, 2022 Class A Common Stock 37.5K $21.38 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents options to purchase Class A Common Stock. The options vest in three equal annual installments beginning on November 9, 2021.
F2 Represents options to purchase Class A Common Stock. The options vest in four equal annual installments beginning October 25, 2017.