YOUNG C ERIK (SVP, Chief Financial Officer) exercised options at PBF LOGISTICS LP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

YOUNG C ERIK

Filed: 5/4/2021ACC: 0001209191-21-029797

InsiderYOUNG C ERIKCIK 1602972

→

IssuerPBF LOGISTICS LPCIK 1582568

DirectorOfficer· SVP, Chief Financial Officer

Since Sep 2018

-2.14K

Net shares

Net seller

$33.0K

Total sold

Open market trades

0B · 0S

Total transactions

6.25K acquired · 8.39K disposed

Non-Derivative Transactions4

Common Units representing limited partner interest

Direct

M · Option Exercise

+3.13K

Price / share

—

Trade value

—

% of position

8.1%

5/1/2021

38.48K→41.60K

Common Units representing limited partner interest

Direct

F · Tax Withholding

−1.07K

Price / share

$15.40

Trade value

$16.49K

% of position

2.6%

5/1/2021

41.60K→40.53K

Common Units representing limited partner interest

Direct

M · Option Exercise

+3.13K

Price / share

—

Trade value

—

% of position

7.7%

5/1/2021

40.53K→43.66K

Common Units representing limited partner interest

Direct

F · Tax Withholding

−1.07K

Price / share

$15.40

Trade value

$16.49K

% of position

2.5%

5/1/2021

43.66K→42.59K

Total

Net shares

+4.11K

Net value

-$32.99K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Units representing limited partner interest Direct	5/1/2021	M · Option Exercise	+3.13K	—	—	8.1%	38.48K	41.60K
Common Units representing limited partner interest Direct	5/1/2021	F · Tax Withholding	−1.07K	$15.40	$16.49K	2.6%	41.60K	40.53K
Common Units representing limited partner interest Direct	5/1/2021	M · Option Exercise	+3.13K	—	—	7.7%	40.53K	43.66K
Common Units representing limited partner interest Direct	5/1/2021	F · Tax Withholding	−1.07K	$15.40	$16.49K	2.5%	43.66K	42.59K
Total			+4.11K		-$32.99K

Derivative Transactions2

Phantom Unit

Direct

M · Option Exercise

Converts to

Common Unit representing LP interest

3.13K shares

−3.13K

Strike price

Held after

3.13K

Exercisable

—

5/1/2021

Phantom Unit

Direct

M · Option Exercise

Converts to

Common Unit representing LP interest

3.13K shares

−3.13K

Strike price

Held after

0.00

Exercisable

—

5/1/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Phantom Unit Direct	Common Unit representing LP interest3.13K shares	5/1/2021	M · Option Exercise	−3.13K		—	3.13K
Phantom Unit Direct	Common Unit representing LP interest3.13K shares	5/1/2021	M · Option Exercise	−3.13K		—	0.00