Howard S. Jonas - Apr 5, 2024 Form 4 Insider Report for Genie Energy Ltd. (GNE)

Role
Director, 10%+ Owner
Signature
Joyce J. Mason, by Power of Attorney
Stock symbol
GNE
Transactions as of
Apr 5, 2024
Transactions value $
$0
Form type
4
Date filed
4/9/2024, 01:06 PM
Previous filing
Apr 8, 2024
Next filing
Apr 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNE Class B Common Stock, par value $.01 per share Other $0 -877K -100% $0.00* 0 Apr 5, 2024 By HSJ 2024 Genie Annuity Trust F1
transaction GNE Class B Common Stock, par value $.01 per share Other $0 +877K +398.32% $0.00 1.1M Apr 5, 2024 Direct F1, F2
transaction GNE Class A Common Stock, $.01 par value per share Other $0 +197K +14.29% $0.00 1.57M Apr 8, 2024 By Genie A Partners, L.P. F3
holding GNE Class B Common Stock, $.01 par value per share 629K Apr 5, 2024 By HSJ 2022 Annuity Trust I
holding GNE Class B Common Stock, $.01 par value per share 275K Apr 5, 2024 By The Jonas Foundation
holding GNE Class B Common Stock, $.01 par value per share 1.09M Apr 5, 2024 By HSJ 2019 Remainder Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transfer from the HSJ 2024 Genie Annuity Trust to the Reporting Person's direct holdings.
F2 Consists of 923,786 shares held directly, 26,612 vested restricted shares and 146,666 unvested restricted shares of Class B common stock. Of the 146,666 unvested restricted shares, 36,667 shares vest on August 3, 2024, 36,666 shares vest on August 3, 2025 and the remaining 73,333 unvested restricted shares vest ratably on each of February 10, 2025 and February 10, 2026.
F3 Transfer from a trust for the benefit of a child of the Reporting Person to Genie A Partners, L.P.