Tai Wendy Ho - 26 Oct 2022 Form 4 Insider Report for PBF Logistics LP

Role: Senior Vice President, HR
Signature: /s/ Wendy Ho Tai by Trecia Canty as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 26 Oct 2022
Net transactions value: -$9,206
Form type: 4
Filing time: 28 Oct 2022, 15:23:07 UTC
Previous filing: 29 Aug 2022
Next filing: 30 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	+1,250	+9.6%	$0.000000	14,319	26 Oct 2022	Direct
transaction	PBFX	Common Units representing limited partner interests	Tax liability	$9,206	-429	-3%	$21.46	13,890	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 Units	Options Exercise		-1,250	-33%		2,500	26 Oct 2022	Common Units representing LP interest	1,250		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.