Matthew C. Lucey - 26 Oct 2022 Form 4 Insider Report for PBF Logistics LP

Role: Executive Vice President, Director
Signature: /s/ Matthew Lucey by Trecia Canty as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 26 Oct 2022
Net transactions value: -$41,182
Form type: 4
Filing time: 28 Oct 2022, 15:11:28 UTC
Previous filing: 03 May 2022
Next filing: 03 Nov 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	+3,750	+4.3%	$0.000000	91,080	26 Oct 2022	Direct
transaction	PBFX	Common Units representing limited partner interests	Tax liability	$41,182	-1,919	-2.1%	$21.46	89,161	26 Oct 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		-3,750	-33%		7,500	26 Oct 2022	Common Unit representing LP interest	3,750		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.