Roush David 4
4 · PBF Logistics LP · Filed May 4, 2021
Insider Transaction Report
Form 4
PBF Logistics LPPBFX
Roush David
Director
Transactions
- Exercise/Conversion
Common Unit representing limited partner interest
2021-05-01+629→ 19,410.975 total - Exercise/Conversion
Phantom Unit
2021-05-01−629→ 628 totalFrom: 2021-05-01Exp: 2021-05-01→ Common Unit representing LP interest (629 underlying) - Exercise/Conversion
Phantom Unit
2021-05-01−596→ 0 totalFrom: 2021-05-01Exp: 2021-05-01→ Common Unit representing LP interest (596 underlying) - Exercise/Conversion
Common Unit representing limited partner interest
2021-05-01+596→ 20,006.975 total
Footnotes (2)
- [F1]Each phantom unit with distribution equivalent rights ("DER"), represents a contingent right to receive one common unit representing a limited partner interest in the Issuer or, at the election of the Board of Directors of PBF Logistics GP LLC, cash or a combination of the two. DERs shall be settled in cash.
- [F2]The remaining phantom units will vest on May 1, 2022.