Filing Details

Accession Number:
0001209191-23-051008
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-10-02 15:57:50
Reporting Period:
2023-09-28
Accepted Time:
2023-10-02 15:57:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1534504 Pbf Energy Inc. PBF Petroleum Refining (2911) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1606746 E. James Fedena One Sylvan Way, Second Floor
Parsippany NJ 07054
Senior Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-09-28 20,000 $29.00 100,859 No 4 M Direct
Class A Common Stock Disposition 2023-09-28 20,000 $55.09 80,859 No 4 S Direct
Class A Common Stock Acquisiton 2023-09-28 12,500 $24.18 93,359 No 4 M Direct
Class A Common Stock Disposition 2023-09-28 12,500 $55.09 80,859 No 4 S Direct
Class A Common Stock Acquisiton 2023-09-28 12,344 $27.86 93,203 No 4 M Direct
Class A Common Stock Disposition 2023-09-28 12,344 $55.09 80,859 No 4 S Direct
Class A Common Stock Acquisiton 2023-09-28 14,813 $6.72 95,672 No 4 M Direct
Class A Common Stock Disposition 2023-09-28 14,813 $55.09 80,859 No 4 S Direct
Class A Common Stock Acquisiton 2023-09-28 4,031 $13.91 84,890 No 4 M Direct
Class A Common Stock Disposition 2023-09-28 4,031 $55.09 80,859 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Employee Stock Options (right to buy) Disposition 2023-09-28 20,000 $0.00 20,000 $29.00
Class A Common Stock Employee Stock Options (right to buy) Disposition 2023-09-28 12,500 $0.00 12,500 $24.18
Class A Common Stock Employee Stock Options (right to buy) Disposition 2023-09-28 12,344 $0.00 12,344 $27.86
Class A Common Stock Employee Stock Options (right to buy) Disposition 2023-09-28 14,813 $0.00 14,813 $6.72
Class A Common Stock Employee Stock Options (right to buy) Disposition 2023-09-28 4,031 $0.00 4,031 $13.91
Series A Units Of Pbf Llc Warrants to purchase Series A Units, PBF Energy Company LLC Disposition 2023-09-28 2,400 $0.00 2,400 $10.00
Class A Common Stock Series A Units of PBF Energy Company LLC Acquisiton 2023-09-28 2,400 $0.00 2,400 $0.00
Class A Common Stock Series A Units of PBF LLC Disposition 2023-09-28 1,268 $0.00 1,268 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2025-02-10 No 4 M Direct
0 2027-02-17 No 4 M Direct
4,115 2030-02-10 No 4 M Direct
7,407 2030-11-09 No 4 M Direct
8,063 2031-11-18 No 4 M Direct
0 2023-12-17 No 4 M Direct
48,000 No 4 M Direct
46,732 No 4 F Direct
Footnotes
  1. Represents options to purchase shares of Class A Common Stock granted on February 10, 2015, that are fully vested
  2. Represents options to purchase shares of Class A Common Stock granted on February 13, 2017, that are fully vested.
  3. Represents options to purchase shares of Class A Common Stock granted on February 10, 2020, that are fully vested.
  4. 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.
  5. 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.
  6. 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.
  7. 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.