SEC Form 4 · accession 0001209191-17-046152
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 14, 2017
Accepted (ET)
Jul 25, 2017 · 2:30 pm 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 | Jun 14, 2017 | J | 177,223 | $0.00 | D | 2,192,286 | D | |
| Class B Common Stock, par value $.01 per shareF3 | Jun 14, 2017 | J | 26,129 | $0.00 | A | 231,204 | I | By Trust FBO Michael Jonas |
| Class B Common Stock, par value $.01 per shareF3 | Jun 14, 2017 | J | 14,616 | $0.00 | A | 302,486 | I | By Trust FBO Samuel Jonas |
| Class B Common Stock, par value $.01 per shareF3 | Jun 14, 2017 | J | 14,625 | $0.00 | A | 419,223 | I | By Trust FBO Joseph Jonas |
| Class B Common Stock, par value $.01 per shareF3 | Jun 14, 2017 | J | 12,475 | $0.00 | A | 417,247 | I | By Trust FBO Tamar Jonas |
| Class B Common Stock, par value $.01 per shareF3 | Jun 14, 2017 | J | 14,064 | $0.00 | A | 418,526 | I | By Trust FBO Rachel Jonas |
| Class B Common Stock, par value $.01 per shareF3 | Jun 14, 2017 | J | 16,103 | $0.00 | A | 421,321 | I | By Trust FBO Leora Jonas |
| Class B Common Stock, par value $.01 per shareF3 | Jun 14, 2017 | J | 28,888 | $0.00 | A | 244,445 | I | By Trust FBO David Jonas |
| Class B Common Stock, par value $.01 per shareF3 | Jun 14, 2017 | J | 12,377 | $0.00 | A | 418,461 | I | By Trust FBO Jonathan Jonas |
| Class B Common Stock, par value $.01 per shareF3 | Jun 14, 2017 | J | 37,946 | $0.00 | A | 443,879 | I | By Trust FBO Miriam Jonas |
| Class B Common Stock, par value $.01 per share | Jul 13, 2017 | J | 2,034,262 | $0.00 | D | 158,024 | D | |
| Class B Common Stock, par value $.01 per share | Jul 13, 2017 | J | 2,034,262 | $0.00 | A | 2,034,262 | I | By The Howard S. Jonas 2017 Annuity Trust |
| 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 shareF5 | 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 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
- F1Reporting Person transferred these shares from his own direct holdings to his children's individual accounts.
- F2Includes 300,000 restricted shares that vest on December 31, 2017.
- F3These 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.
- F4Reporting Person transferred these shares (300,000 of which were restricted and vest on December 31, 2017) to the Howard S. Jonas 2017 Annuity Trust.
- F5Includes 300,000 restricted shares that vest on December 31, 2017 and 600,000 restricted shares that vest on December 31, 2018.