PBF Energy Inc. — Director's Dealing 2019

May 28, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PBF Energy Inc. (PBF)
CIK: 0001534504
Period of Report: 2019-05-23

Reporting Person: Inversora Carso, S.A. de C.V. (10% Owner, Add'l Rep. Persons-see Ex.99-1)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-23	Class A Common Shares (as defined in Exhibit 99.1 hereto)	P	1080563	$29.0612	Acquired		Direct
2019-05-23	Class A Common Shares (as defined in Exhibit 99.1 hereto)	P	29233	$29.7666	Acquired		Direct
2019-05-24	Class A Common Shares (as defined in Exhibit 99.1 hereto)	P	500000	$28.6676	Acquired		Direct

Footnotes

F1: Weighted average price. These shares were acquired in multiple transactions at prices ranging from $28.7200 to $29.7200 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.

F2: Weighted average price. These shares were acquired in multiple transactions at prices ranging from $29.7250 to $29.8000 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the shares purchased at each separate price within the range set forth in this footnote (2) to this Form 4.

F3: Weighted average price. These shares were acquired in multiple transactions at prices ranging from $28.5350 to $28.7500 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the shares purchased at each separate price within the range set forth in this footnote (3) to this Form 4.

F4: See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.