Howard S. Jonas - Nov 14, 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
Nov 14, 2023
Transactions value $
$0
Form type
4
Date filed
11/16/2023, 04:03 PM
Previous filing
Oct 20, 2023
Next filing
Dec 18, 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 -1.84K -0.17% $0.00 1.08M Nov 14, 2023 Direct F1
transaction GNE Class A Common Stock, par value $.01 per share Other $0 +1.38M $0.00 1.38M Nov 15, 2023 By Genie A Partners, L.P. F2
holding GNE Class B Common Stock, par value $.01 per share 1.09M Nov 14, 2023 By HSJ 2019 Remainder Trust
holding GNE Class B Common Stock, par value $.01 per share 629K Nov 14, 2023 By HSJ 2022 Annuity Trust I
holding GNE Class B Common Stock, par value $.01 per share 275K Nov 14, 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 Consists of 815,200 shares of Class B common stock held directly; 44,170 fully vested restricted shares of Class B common stock; and 216,666 unvested restricted shares of Class B common stock. Of the 216,666 unvested restricted shares, 106,666 vest as follows: 33,333 shares vest on January 5, 2024, 36,667 shares vest on August 3, 2024 and 36,666 shares vest on August 3, 2025. The remaining 110,000 unvested restricted shares vest ratably on each of February 10, 2024, February 10, 2025 and February 10, 2026.
F2 Transfer from individual trusts for the benefit of seven of the Reporting Person's children to Genie A Partners, L.P.