Matthew C. Lucey - 19 Dec 2023 Form 4 Insider Report for PBF Energy Inc. (PBF)

Signature
/s/ Matthew Lucey by Trecia Canty as Attorney-in-Fact
Issuer symbol
PBF
Transactions as of
19 Dec 2023
Net transactions value
-$566,020
Form type
4
Filing time
20 Dec 2023, 17:55:39 UTC
Previous filing
05 Dec 2023
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBF Class A Common Stock Options Exercise $1,237,500 +50,000 +21% $24.75 289,293 19 Dec 2023 Direct
transaction PBF Class A Common Stock Tax liability $1,803,520 -38,471 -13% $46.88 250,822 19 Dec 2023 Direct
transaction PBF Class A Common Stock Gift $0 -7,000 -2.8% $0.000000 243,822 20 Dec 2023 Direct F1

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 PBF Employee Stock Option (right to buy) Options Exercise $0 -50,000 -100% $0.000000* 0 19 Dec 2023 Class A Common Stock 50,000 $24.75 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the gift of common stock to a charitable donor advised fund.
F2 Represents options to purchase shares of Class A Common Stock granted on February 11, 2014, that are fully vested.