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

Role
Senior Vice President, HR
Signature
/s/ Wendy Ho Tai by Trecia Canty as Attorney-in-Fact
Stock symbol
PBFX
Transactions as of
Oct 26, 2022
Transactions value $
-$9,206
Form type
4
Date filed
10/28/2022, 03:23 PM
Previous filing
Aug 29, 2022
Next filing
Nov 30, 2022

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 +1.25K +9.56% $0.00 14.3K Oct 26, 2022 Direct
transaction PBFX Common Units representing limited partner interests Tax liability -$9.21K -429 -3% $21.46 13.9K 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 Units Options Exercise -1.25K -33.33% 2.5K Oct 26, 2022 Common Units representing LP interest 1.25K 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.