Wendy Ho - Aug 27, 2022 Form 4 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
Aug 27, 2022
Transactions value $
-$13,762
Form type
4
Date filed
8/29/2022, 05:42 PM
Previous filing
May 3, 2022
Next filing
Oct 28, 2022

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 +2.19K +18.87% $0.00 13.8K Aug 27, 2022 Direct
transaction PBFX Common Units representing limited partner interests Tax liability -$13.8K -716 -5.19% $19.22 13.1K Aug 27, 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 -2.19K -100% 0 Aug 27, 2022 Common Units representing LP interest 2.19K 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.