Davis Paul T. - 04 May 2022 Form 4 Insider Report for PBF Energy Inc. (PBF)

Signature
/s/ Paul Davis by Trecia Canty as Attorney-in-Fact
Issuer symbol
PBF
Transactions as of
04 May 2022
Net transactions value
-$1,281,433
Form type
4
Filing time
06 May 2022, 16:46:19 UTC
Previous filing
17 Feb 2022
Next filing
07 Nov 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 +86% $6.72* 82,125 04 May 2022 Direct
transaction PBF Class A Common Stock Options Exercise $801,750 +37,500 +46% $21.38 119,625 04 May 2022 Direct
transaction PBF Class A Common Stock Sale $2,338,536 -75,499 -63% $30.97 44,126 04 May 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 -37,999 -33% $0.000000 75,997 04 May 2022 Class A Common Stock 37,999 $6.72 Direct F1
transaction PBF Employee Stock Option (Right to Buy) Options Exercise $0 -37,500 -50% $0.000000 37,500 04 May 2022 Class A Common Stock 37,500 $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.