Form 4 for PBF PBF Energy Inc.
Accepted 2022-05-20 00:00:00 ET · period of report 2022-05-18 · accession 0001209191-22-031124 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-05-20 | 2022-05-18 | PBF | Young C Erik | CFO, SVP | S - Sale | $30.30 | -60.3K | 66.9K | -47% | -$1.83M |
| DI | 2022-05-20 | 2022-05-19 | PBF | Young C Erik | CFO, SVP | S - Sale | $30.50 | -7,191 | 0 | -100% | -$219.3K |
| D | 2022-05-20 | 2022-05-18 | PBF | Young C Erik | CFO, SVP | F - Tax | $30.67 | -17.8K | 20.2K | -47% | -$545.5K |
| DM | 2022-05-20 | 2022-05-18 | PBF | Young C Erik | CFO, SVP | M - OptEx | $0.00 | 0 | 0 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-05-18 | S | D | 60,296 | $30.30 | 66,893 | D See Footnote | — | — | (F1) Weighted average price. These shares were sold in multiple transactions at prices ranging from $30.30 to $30.36 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4. (F2) Represents number of shares of Class A Common Stock acquired under PBF Energy Inc.'s 401(k) Plan as of May 19, 2022, per Vanguard records. |
| 2 | Common | Class A Common Stock | 2022-05-19 | S | D | 7,191.45 | $30.50 | 0 | I | — | — | |
| 3 | Derivative | Series A Units, PBF Energy Company LLC | 2022-05-18 | F | D | 17,785 | $30.67 | 20,215 | D | — · — to — | 17,785 Class A Common Stock | (F4) Pursuant to an exchange agreement the Series A Units of PBF Energy Company LLC are exchangeable at any time for shares of Class A Common Stock of PBF Energy Inc. on a one-for-one basis, subject to equitable adjustments for stock splits, stock dividends and reclassifications. |
| 4 | Derivative | Series A Units, PBF Energy Company LLC | 2022-05-18 | M | A | 25,000 | — | 38,000 | D | — · — to — | 25,000 Class A Common Stock | (F4) Pursuant to an exchange agreement the Series A Units of PBF Energy Company LLC are exchangeable at any time for shares of Class A Common Stock of PBF Energy Inc. on a one-for-one basis, subject to equitable adjustments for stock splits, stock dividends and reclassifications. |
| 5 | Derivative | Unit Options | 2022-05-18 | M | D | 25,000 | $0.00 | 0 | D | $12.55 · — to 2022-06-29 | 25,000 Series A Units of PBF Energy Company LLC | (F3) Represents options to purchase Series A Units of PBF Energy Company LLC. The options vest in three equal annual installments beginning on June 29, 2013. |