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PBF Energy Inc. — Director's Dealing 2015
Aug 4, 2015
31241_dirs_2015-08-04_c5f88d57-72ce-4617-847e-f4c884a1f0cf.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: 2015-08-01
Reporting Person: Abraham Spencer (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-01 | Class A Common Stock | A | 3960 | $0.00 | Acquired | 10665 | Direct |
| 2015-08-01 | Class A Common Stock | F | 1560 | $31.57 | Disposed | 9105 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-08-01 | Series A Units of PBF Energy Company LLC | $ | F | 816 | Disposed | 2015-08-01 | Class A Common Stock (816) | 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 July 31, 2015, the closing price of Class A Common Stock of PBF Energy Inc. was $31.57 per share.