Tai Wendy Ho - 27 Aug 2022 Form 4 Insider Report for PBF Logistics LP

Role: Senior Vice President, HR
Signature: /s/ Wendy Ho Tai by Trecia Canty as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 27 Aug 2022
Net transactions value: -$13,762
Form type: 4
Filing time: 29 Aug 2022, 17:42:25 UTC
Previous filing: 03 May 2022
Next filing: 28 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PBFX	Common Units representing limited partner interests	Options Exercise	$0	+2,188	+19%	$0.000000	13,785	27 Aug 2022	Direct
transaction	PBFX	Common Units representing limited partner interests	Tax liability	$13,762	-716	-5.2%	$19.22	13,069	27 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	PBFX	Phantom Units	Options Exercise		-2,188	-100%		0	27 Aug 2022	Common Units representing LP interest	2,188		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.