C. Erik Young - Oct 26, 2022 Form 4 Insider Report for PBF Logistics LP (PBFX)

Role: SVP, Chief Financial Officer, Director
Signature: /s/ C. Erik Young by Trecia Canty as Attorney-in-Fact
Stock symbol: PBFX
Transactions as of: Oct 26, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/28/2022, 03:14 PM
Previous filing: May 20, 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	+6.42%	$0.00	51.8K	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.