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

Role: CEO & President, Director
Signature: /s/ Matthew Lucey by Trecia Canty as Attorney-in-Fact
Stock symbol: PBF
Transactions as of: Dec 19, 2023
Transactions value $: -$566,020
Form type: 4
Date filed: 12/20/2023, 05:55 PM
Previous filing: Dec 5, 2023
Next filing: Feb 15, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PBF	Class A Common Stock	Options Exercise	$1.24M	+50K	+20.89%	$24.75	289K	Dec 19, 2023	Direct
transaction	PBF	Class A Common Stock	Tax liability	-$1.8M	-38.5K	-13.3%	$46.88	251K	Dec 19, 2023	Direct
transaction	PBF	Class A Common Stock	Gift	$0	-7K	-2.79%	$0.00	244K	Dec 20, 2023	Direct	F1

Showing 1 to 3 of 3 entries

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	-50K	-100%	$0.00^*	0	Dec 19, 2023	Class A Common Stock	50K	$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.