PBF Energy Inc. 4
4 · PBF Energy Inc. · Filed Aug 4, 2015
Insider Transaction Report
Form 4
Houston Dennis
Director
Transactions
- Award
Class A Common Stock
2015-08-01+3,960→ 26,224 total - Tax Payment
Class A Common Stock
2015-08-01$31.57/sh−1,268$40,031→ 24,956 total - Tax Payment
Series A Units of PBF Energy Company LLC
2015-08-01−664→ 12,432.2 totalFrom: 2015-08-01Exp: 2015-08-01→ Class A Common Stock (664 underlying)
Footnotes (2)
- [F1]Constitutes restricted stock issued under the 2012 Equity Incentive Plan.
- [F2]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. On July 31, 2015 the closing price of Class A Common Stock of PBF Energy Inc. was $31.57 per share.