Fedena James E. 4

Accession 0001209191-23-051008

CIK 0001534504other

View on SEC.gov Company Profile

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 3:57 PM ET

Size

38.3 KB

Accession

0001209191-23-051008

Insider Transaction Report

Form 4

Period: 2023-09-28

PBF Energy Inc.PBF

Fedena James E.

Senior Vice President

Transactions

Sale
Class A Common Stock
2023-09-28$55.09/sh−20,000$1,101,848→ 80,859 total
Exercise/Conversion
Class A Common Stock
2023-09-28$27.86/sh+12,344$343,904→ 93,203 total
Sale
Class A Common Stock
2023-09-28$55.09/sh−14,813$816,084→ 80,859 total
Exercise/Conversion
Employee Stock Options (right to buy)
2023-09-28−20,000→ 0 total
Exercise: $29.00Exp: 2025-02-10→ Class A Common Stock (20,000 underlying)
Sale
Class A Common Stock
2023-09-28$55.09/sh−12,344$680,061→ 80,859 total
Exercise/Conversion
Employee Stock Options (right to buy)
2023-09-28−12,344→ 4,115 total
Exercise: $27.86Exp: 2030-02-10→ Class A Common Stock (12,344 underlying)
Exercise/Conversion
Employee Stock Options (right to buy)
2023-09-28−12,500→ 0 total
Exercise: $24.18Exp: 2027-02-17→ Class A Common Stock (12,500 underlying)
Exercise/Conversion
Class A Common Stock
2023-09-28$6.72/sh+14,813$99,543→ 95,672 total
Exercise/Conversion
Class A Common Stock
2023-09-28$13.91/sh+4,031$56,071→ 84,890 total
Sale
Class A Common Stock
2023-09-28$55.09/sh−4,031$222,077→ 80,859 total
Exercise/Conversion
Warrants to purchase Series A Units, PBF Energy Company LLC
2023-09-28−2,400→ 0 total
Exercise: $10.00Exp: 2023-12-17→ Series A Units of PBF LLC (2,400 underlying)
Exercise/Conversion
Employee Stock Options (right to buy)
2023-09-28−14,813→ 7,407 total
Exercise: $6.72Exp: 2030-11-09→ Class A Common Stock (14,813 underlying)
Exercise/Conversion
Series A Units of PBF Energy Company LLC
2023-09-28+2,400→ 48,000 total
→ Class A Common Stock (2,400 underlying)
Exercise/Conversion
Class A Common Stock
2023-09-28$29.00/sh+20,000$580,000→ 100,859 total
Exercise/Conversion
Class A Common Stock
2023-09-28$24.18/sh+12,500$302,250→ 93,359 total
Sale
Class A Common Stock
2023-09-28$55.09/sh−12,500$688,655→ 80,859 total
Tax Payment
Series A Units of PBF LLC
2023-09-28−1,268→ 46,732 total
→ Class A Common Stock (1,268 underlying)
Exercise/Conversion
Employee Stock Options (right to buy)
2023-09-28−4,031→ 8,063 total
Exercise: $13.91Exp: 2031-11-18→ Class A Common Stock (4,031 underlying)

Footnotes (7)

[F1]Represents options to purchase shares of Class A Common Stock granted on February 10, 2015, that are fully vested
[F2]Represents options to purchase shares of Class A Common Stock granted on February 13, 2017, that are fully vested.
[F3]Represents options to purchase shares of Class A Common Stock granted on February 10, 2020, that are fully vested.
[F4]Represents 22,220 options to purchase shares of Class A Common Stock granted on November 9, 2020, that vest in three equal annual installments beginning on November 9, 2021.
[F5]Represents 12,094 options to purchase shares of Class A Common Stock granted on November 18, 2021, that vest in three equal annual installments beginning on November 18, 2022.
[F6]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.
[F7]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.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

PBF Energy Inc.

CIK 0001534504

→

Entity typeother

Related Parties

filerCIK 0001606746

Filing Metadata

Form type: 4
Filed: Oct 1, 8:00 PM ET
Accepted: Oct 2, 3:57 PM ET
Size: 38.3 KB

View on SEC.gov