Trecia Canty - Oct 26, 2022 Form 4 Insider Report for PBF Logistics LP (PBFX)

Role
SVP & General Counsel
Signature
Trecia Canty
Stock symbol
PBFX
Transactions as of
Oct 26, 2022
Transactions value $
-$34,315
Form type
4
Date filed
10/28/2022, 03:08 PM
Previous filing
May 17, 2022
Next filing
Nov 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBFX Common Unit representing LP interest Options Exercise $0 +3.13K +7.65% $0.00 44K Oct 26, 2022 Direct
transaction PBFX Common Unit representing LP interest Tax liability -$34.3K -1.6K -3.64% $21.46 42.4K Oct 26, 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 Unit Options Exercise -3.13K -33.33% 6.25K Oct 26, 2022 Common Unit representing LP interest 3.13K 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.