James E. Fedena - 26 Oct 2022 Form 4 Insider Report for PBF Logistics LP

Role: Senior Vice President
Signature: /s/ James Fedena by Trecia Canty as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 26 Oct 2022
Net transactions value: -$11,052
Form type: 4
Filing time: 28 Oct 2022, 15:20:51 UTC
Previous filing: 03 May 2022
Next filing: 02 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PBFX	Common Unit representing limited partner interest	Options Exercise	$0	+1,875	+2.1%	$0.000000	92,205	26 Oct 2022	Direct
transaction	PBFX	Common Unit representing limited partner interest	Tax liability	$11,052	-515	-0.56%	$21.46	91,690	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		-1,875	-33%		3,750	26 Oct 2022	Common Unit representing LP interest	1,875		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.