Thomas L. O Connor - 23 Aug 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
Issuer symbol: PBF
Transactions as of: 23 Aug 2022
Net transactions value: -$1,615,540
Form type: 4
Filing time: 24 Aug 2022, 16:34:04 UTC
Previous filing: 17 May 2022
Next filing: 30 Nov 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	$2,138,000	+100,000	+125%	$21.38	180,000	23 Aug 2022	Direct
transaction	PBF	Class A Common Stock	Sale	$3,753,540	-100,000	-56%	$37.54	80,000	23 Aug 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	Class A Common Stock	Options Exercise	$0	-100,000	-100%	$0.000000^*	0	23 Aug 2022	Class A Common Stock	100,000	$21.38	Direct	F1

* 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 four equal installments beginning October 25, 2017.