SEC Form 4 · accession 0001209191-16-147167
PBF Energy Inc. · PBF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Erik Young
Officer — Chief Financial Officer, SVP
Period of report
Oct 25, 2016
Accepted (ET)
Oct 27, 2016 · 5:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001534504
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Oct 25, 2016 | A | 52,500 | $0.00 | A | 92,500 | D | |
| Class A Common StockF2 | holding | — | — | — | 252 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to buy)F3 | $21.38 | Oct 25, 2016 | A | 110,000 | A | — | Oct 25, 2026 | Class A Common Stock | 110,000 | 110,000 | D |
Explanation of responses
- F1Constitutes restricted stock issued under the 2012 Equity Incentive Plan.
- F2Represents number of shares of Class A Common Stock acquired under PBF Energy Inc.'s 401(k) Plan as of September 30, 2016 per Vanguard records.
- F3The options will vest in four equal annual installments beginning on October 25, 2017.