Young C Erik's Form 4 filing
PBF Energy Inc. (PBF) · filed May 20, 2022
- Accession no.
- 0001209191-22-031124
- Filed
- May 20, 2022
- Trade date
- May 18-19, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 3 derivative transactions. Open-market sales total $2.05M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Young C ErikCIK 0001602972 | Officer (Chief Financial Officer, SVP) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 18, 2022 | Class A Common Stock | SSaleDisposed | −60,296 | $30.30F1 | −$1,826,968.8 | 66,893 | Direct | |
| May 19, 2022 | Class A Common Stock | SSaleDisposed | −7,191.45 | $30.50 | −$219,339.23 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 18, 2022 | Series A Units of PBF Energy Company LLC | MOption exerciseDisposed | −25,000 | $0.00 | $0 | 0 | Direct | |
| May 18, 2022 | Class A Common Stock | MOption exerciseAcquired | +25,000 | –F4 | – | 38,000 | Direct | |
| May 18, 2022 | Class A Common Stock | FTax withholdingDisposed | −17,785 | $30.67 | −$545,465.95 | 20,215 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table II.