PBF Energy Inc. 4
4 · PBF Energy Inc. · Filed Sep 26, 2013
Insider Transaction Report
Form 4
LUCEY DONALD
Chief Operating Officer, EVP
Transactions
- Exercise/Conversion
Warrants to purchase Series A Units, PBF Energy Company LLC
2013-09-25−15,000→ 0 totalExercise: $10.00Exp: 2020-06-01→ Class A Common Stock (15,000 underlying) - Exercise/Conversion
Series A Units of PBF Energy Company LLC
2013-09-25+25,000→ 163,165.59 total→ Class A Common Stock (25,000 underlying) - Exercise/Conversion
Warrants to purchase Series A Units, PBF Energy Company LLC
2013-09-25−10,000→ 5,000 totalExercise: $10.00Exp: 2020-12-17→ Class A Common Stock (10,000 underlying)
Holdings
- 1
Class B Common Stock
Footnotes (4)
- [F1]The Class B Common Stock entitles the reporting person to one vote for each Series A Unit of PBF Energy Company LLC held by such reporting person.
- [F2]Compensatory warrants to purchase Series A Units of PBF Energy Company LLC were granted to the reporting person on June 1, 2010, were fully vested at the time of grant and became fully exercisable at the time of the initial public offering of PBF Energy Inc. 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. As the reporting person exchanges the Series A Units of PBF Energy Company LLC for shares of Class A Common Stock of PBF Energy Inc. pursuant to the exchange agreement, the voting power afforded to the reporting person by his share of Class B Common Stock of PBF Energy Inc. will be automatically and correspondingly reduced.
- [F3]Compensatory warrants to purchase Series A Units of PBF Energy Company LLC were granted to the reporting person on December 17, 2010, were fully vested at the time of grant and became fully exercisable at the time of the initial public offering of PBF Energy Inc. 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. As the reporting person exchanges the Series A Units of PBF Energy Company LLC for shares of Class A Common Stock of PBF Energy Inc. pursuant to the exchange agreement, the voting power afforded to the reporting person by his share of Class B Common Stock of PBF Energy Inc. will be automatically and correspondingly reduced.
- [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. As the reporting person exchanges the Series A Units of PBF Energy Company LLC for shares of Class A Common Stock of PBF Energy Inc. pursuant to the exchange agreement, the voting power afforded to the reporting person by his share of Class B Common Stock of PBF Energy Inc. will be automatically and correspondingly reduced.