SEC Form 4 · accession 0001209191-16-129161
Genie Energy Ltd. · GNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard S Jonas
Officer — Chairman of the Board & CEO · Director · 10% Owner
Period of report
Jun 21, 2016
Accepted (ET)
Jun 22, 2016 · 11:58 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528356
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock, par value $.01 per shareF2,F3 | Jun 21, 2016 | J | 104,376 | — | D | 276,480 | I | By Trust FBO Samuel Jonas |
| Class B Common Stock, par value $.01 per shareF2,F3 | Jun 21, 2016 | J | 13,047 | — | A | 393,208 | I | By Trust FBO Joseph Jonas |
| Class B Common Stock, par value $.01 per shareF2,F3 | Jun 21, 2016 | J | 13,047 | — | A | 393,382 | I | By Trust FBO Tamar Jonas |
| Class B Common Stock, par value $.01 per shareF2,F3 | Jun 21, 2016 | J | 13,047 | — | A | 393,072 | I | By Trust FBO Rachel Jonas |
| Class B Common Stock, par value $.01 per shareF2,F3 | Jun 21, 2016 | J | 13,047 | — | A | 393,828 | I | By Trust FBO Leora Jonas |
| Class B Common Stock, par value $.01 per shareF2,F3 | Jun 21, 2016 | J | 13,047 | — | A | 204,167 | I | By Trust FBO David Jonas |
| Class B Common Stock, par value $.01 per shareF2,F3 | Jun 21, 2016 | J | 13,047 | — | A | 382,371 | I | By Trust FBO Michael Jonas |
| Class B Common Stock, par value $.01 per shareF2,F3 | Jun 21, 2016 | J | 13,047 | — | A | 394,694 | I | By Trust FBO Jonathan Jonas |
| Class B Common Stock, par value $.01 per shareF2,F3 | Jun 21, 2016 | J | 13,047 | — | A | 394,543 | I | By Trust FBO Miriam Jonas |
| Class B Common Stock, par value $.01 per shareF1 | holding | — | — | — | 332,004 | D | ||
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 1,556 | I | Custodial for Son (Jonathan) | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 1,556 | I | Custodial for Daughter (Rachel) | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 1,556 | I | Custodial for Son (Joseph) | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 1,556 | I | Custodial for Daughter (Tamar) | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 1,556 | I | Custodial for Daughter (Miriam) | |
| Class B Common Stock, par value $.01 per shareF4 | holding | — | — | — | 4,133,512 | I | By The Howard S. Jonas 2014 Annuity Trust | |
| Class A Common Stock, par value $.01 per share | holding | — | — | — | 1,574,326 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 300,000 restricted shares that vest on December 31, 2017.
- F2These shares were transferred from the 1996 Annuity Trust for the benefit of the Reporting Person's son, Samuel Jonas, to the Reporting Person's other children's individuals trusts.
- F3These shares are held in trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is the trustee of the trust. Mr. Jonas does not exercise or share investment control of these shares.
- F4Includes 600,000 restricted shares that vest on December 31, 2016, 300,000 restricted shares that vest on December 31, 2017 and 600,000 restricted shares that vest on December 31, 2018.