Howard S. Jonas - Mar 15, 2023 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
Mar 15, 2023
Transactions value $
$0
Form type
4
Date filed
3/17/2023, 03:03 PM
Previous filing
Feb 14, 2023
Next filing
May 9, 2023

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 -99.3K -100% $0.00* 0 Mar 15, 2023 By HSJ 2020 Genie Annuity Trust F1
transaction GNE Class B Common Stock, par value $.01 per share Gift $0 +99.3K +36.45% $0.00 372K Mar 15, 2023 Direct F1, F2
transaction GNE Class B Common Stock, par value $.01 per share Gift $0 -1M -100% $0.00* 0 Mar 15, 2023 By HSJ 2020 IDT Annuity Trust F3
transaction GNE Class B Common Stock, par value $.01 per share Gift $0 +1M +1169.92% $0.00 1.09M Mar 15, 2023 By HSJ 2019 Remainder Trust F3
holding GNE Class B Common Stock, par value $.01 per share 629K Mar 15, 2023 By HSJ 2022 Annuity Trust I
holding GNE Class B Common Stock, par value $.01 per share 1.56K Mar 15, 2023 By Daughter (Miriam)
holding GNE Class B Common Stock, par value $.01 per share 275K Mar 15, 2023 By The Jonas Foundation
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were transferred from the HSJ 2020 Genie Annuity Trust to the Reporting Person's direct holdings.
F2 Consists of 99,320 shares held directly and 110,000 restricted shares of the Issuer's Class B common stock granted due to the vesting of DSUs; 19,116 shares of vested restricted stock; and 143,333 shares of unvested restricted stock, 33,333 shares of which shall vest on January 5, 2024, 36,667 shares of which shall vest on each of August 3, 2023 and August 3, 2024, and 36,666 shares of which shall vest on August 3, 2025.
F3 These shares were transferred from the HSJ 2020 IDT Annuity Trust to the HSJ 2019 Remainder Trust.