Howard S. Jonas - Oct 6, 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
Oct 6, 2021
Transactions value $
$0
Form type
4
Date filed
12/23/2021, 01:12 PM
Previous filing
Aug 25, 2021
Next filing
Nov 23, 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 -236K -19.98% $0.00 945K Oct 6, 2021 Direct F1, F2
transaction GNE Class B Common Stock, par value $.01 per share Gift $0 +236K $0.00 236K Oct 6, 2021 By HSJ 2020 IDT Annuity Trust F1
transaction GNE Class B Common Stock, par value $.01 per share Gift $0 -764K -80.9% $0.00 180K Nov 2, 2021 Direct F1, F3
transaction GNE Class B Common Stock, par value $.01 per share Gift $0 +764K +324.08% $0.00 1M Nov 2, 2021 By HSJ 2020 IDT Annuity Trust F1
transaction GNE Class B Common Stock, par value $.01 per share Gift $0 -85.5K -100% $0.00* 0 Nov 2, 2021 By HSJ 2019 Genie Annuity Trust II F4
transaction GNE Class B Common Stock, par value $.01 per share Gift $0 +85.5K $0.00 85.5K Nov 2, 2021 By HSJ 2019 Genie Remainder Trust F4
holding GNE Class B Common Stock, par value $.01 per share 625K Oct 6, 2021 By HSJ 2020 Genie Annuity Trust
holding GNE Class B Common Stock, par value $.01 per share 1.56K Oct 6, 2021 By Daughter (Miriam)
holding GNE Class B Common Stock, par value $.01 per share 275K Oct 6, 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 Transfer from Reporting Person's direct holdings to the HSJ 2020 IDT Annuity Trust.
F2 Consists of 844,710 shares held directly 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.
F3 Consists of 80,398 shares held directly 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.
F4 Transfer from the HSJ 2019 Genie Annuity Trust II to the HSJ 2019 Remainder Trust.