SEC Form 4 · accession 0001209191-16-148827

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

Oct 21, 2016

Accepted (ET)

Nov 8, 2016 · 2:44 pm EST

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 share^F1,F2	Oct 21, 2016	J	177,296	—	D	205,075	I	By Trust FBO Michael Jonas
Class B Common Stock, par value $.01 per share^F3,F4	Oct 21, 2016	J	86,176	—	A	2,346,743	D
Class B Common Stock, par value $.01 per share^F3,F2	Oct 21, 2016	J	11,390	—	A	287,870	I	By Trust FBO Samuel Jonas
Class B Common Stock, par value $.01 per share^F3,F2	Oct 21, 2016	J	11,390	—	A	404,598	I	By Trust FBO Joseph Jonas
Class B Common Stock, par value $.01 per share^F3,F2	Oct 21, 2016	J	11,390	—	A	404,772	I	By Trust FBO Tamar Jonas
Class B Common Stock, par value $.01 per share^F3,F2	Oct 21, 2016	J	11,390	—	A	404,462	I	By Trust FBO Rachel Jonas
Class B Common Stock, par value $.01 per share^F3,F2	Oct 21, 2016	J	11,390	—	A	405,218	I	By Trust FBO Leora Jonas
Class B Common Stock, par value $.01 per share^F3,F2	Oct 21, 2016	J	11,390	—	A	215,557	I	By Trust FBO David Jonas
Class B Common Stock, par value $.01 per share^F3,F2	Oct 21, 2016	J	11,390	—	A	406,084	I	By Trust FBO Jonathan Jonas
Class B Common Stock, par value $.01 per share^F3,F2	Oct 21, 2016	J	11,390	—	A	405,933	I	By Trust FBO Miriam Jonas
Class B Common Stock, par value $.01 per share^F5	holding	—	—		—	2,204,949	I	By The Howard S. Jonas 2014 Annuity Trust
Class B Common Stock, par value $.01 per share	holding	—	—		—	275,047	I	By The Jonas Foundation
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 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

F1Transferred from Reporting Person's trust FBO Michael Jonas to Reporting Person and trusts FBO Reporting Person's other children.
F2These shares are held in trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is trustee of the trust. Mr. Jonas does not exercise or share investment control of these shares.
F3Transferred from Reporting Person's trust FBO Michael Jonas.
F4Includes 300,000 restricted shares that vest on December 31, 2017.
F5Includes 600,000 restricted shares that vest on December 31, 2016, 300,000 restricted shares that best on December 31, 2017 and 600,000 restricted shares that vest on December 31, 2018.