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PBF Energy Inc. — Director's Dealing 2014
Aug 4, 2014
31241_dirs_2014-08-04_03fc2a47-f20b-4bd4-ab39-823987bba87c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PBF Energy Inc. (PBF)
CIK: 0001534504
Period of Report: 2014-08-01
Reporting Person: Abraham Spencer (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-01 | Class A Common Stock | A | 3758 | $0.00 | Acquired | 8203 | Direct |
| 2014-08-01 | Class A Common Stock | F | 1156 | $26.61 | Disposed | 7047 | Direct |
| 2014-08-01 | Class A Common Stock | F | 342 | $26.61 | Disposed | 6705 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-08-01 | Series A Units of PBF Energy Company LLC | $ | F | 817 | Disposed | 2014-08-01 | Class A Common Stock (817) | Direct |
Footnotes
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 August 1, 2014, the closing price of Class A Common Stock of PBF Energy Inc. was $26.61 per share.