Howard S. Jonas - Aug 17, 2021 Form 4 Insider Report for Genie Energy Ltd. (GNE)

Role
Director
Signature
Joyce J. Mason, by Power of Attorney
Stock symbol
GNE
Transactions as of
Aug 17, 2021
Transactions value $
$0
Form type
4
Date filed
9/17/2021, 02:58 PM
Previous filing
Oct 15, 2021
Next filing
Aug 25, 2021

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 Gift $0 -981K -91.98% $0.00 85.5K Aug 17, 2021 By HSJ 2019 Genie Annuity Trust II F1
transaction GNE Class B Common Stock, par value $.01 per share Gift $0 +981K +820.21% $0.00 1.1M Aug 17, 2021 Direct F1
transaction GNE Class B Common Stock, par value $.01 per share Award $0 +80.4K +7.31% $0.00 1.18M Sep 17, 2021 Direct F2, F3
holding GNE Class B Common Stock, par value $.01 per share 85.5K Aug 17, 2021 By HSJ 2019 Genie Annuity Trust II
holding GNE Class B Common Stock, par value $.01 per share 625K Aug 17, 2021 By HSJ 2020 Genie Annuity Trust
holding GNE Class B Common Stock, par value $.01 per share 1.56K Aug 17, 2021 By Daughter (Miriam)
holding GNE Class B Common Stock, par value $.01 per share 275K Aug 17, 2021 By The Jonas Foundation
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transferred as an annual annuity payment.
F2 Represents a grant of shares of the Registrant's Class B common stock pursuant to an exchange of a previously granted membership interest in Genie Retail Energy International, LLC, a subsidiary of the Registrant, for shares of the Registrant's Class B Common Stock.
F3 Consists of 1,060,999, shares held directly, 19,555 shares of fully vested restricted stock and 100,000 shares of unvested restricted stock that vest as follows: 33,334 shares to vest on January 5, 2022 and 33,333 shares to vest on each of January 5, 2023 and January 5, 2024.