Conditional Logic: Value box for Date is populated with Full Date information

I want to insert a time in conditional statements that use date of submission to do a calculation in an input matrix on my form.  When using V4 when I create a conditional statement that uses a date value, Jotform automatically inserts a date using the following format:

                     Sun Feb 26 2017 09:48:43 GMT-0700 (US Mountain Standard Time)

I followed this format and inserted the following into my conditional statement but this does NOT work:

                     Wed May 10 2017 20:00:00 GMT-0500 (US Eastern Daylight Time)

I want my conditions to be dependent on Wed. May 10, 2017 8 PM (Eastern Daylight Time). Before that date & time, the fee is X and after that date & time, the fee increases to Y.

Why doesn't my date & time formula work?

Thank you!

I think that was just a placeholder. You can see correct date formatting in the tooltip box.

Let me forward this matter to backend team for clarification. We will keep you updated on this thread.