SEC Form 4 · accession 0001209191-17-048069

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

Aug 7, 2017

Accepted (ET)

Aug 8, 2017 · 3:38 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 share^F1	Aug 7, 2017	A	210,840	$0.00	A	368,864	D
Class B Common Stock, par value $.01 per share^F2,F3	Aug 7, 2017	F	95,558	$6.43	D	273,306	D
Class B Common Stock, par value $.01 per share^F4	holding	—	—		—	231,204	I	By Trust FBO Michael Jonas
Class B Common Stock, par value $.01 per share^F4	holding	—	—		—	302,486	I	By Trust FBO Samuel Jonas
Class B Common Stock, par value $.01 per share^F4	holding	—	—		—	419,223	I	By Trust FBO Joseph Jonas
Class B Common Stock, par value $.01 per share^F4	holding	—	—		—	417,247	I	By Trust FBO Tamar Jonas
Class B Common Stock, par value $.01 per share^F4	holding	—	—		—	418,526	I	By Trust FBO Rachel Jonas
Class B Common Stock, par value $.01 per share^F4	holding	—	—		—	421,321	I	By Trust FBO Leora Jonas
Class B Common Stock, par value $.01 per share^F4	holding	—	—		—	244,445	I	By Trust FBO David Jonas
Class B Common Stock, par value $.01 per share^F4	holding	—	—		—	418,461	I	By Trust FBO Jonathan Jonas
Class B Common Stock, par value $.01 per share^F4	holding	—	—		—	443,879	I	By Trust FBO Miriam Jonas
Class B Common Stock, par value $.01 per share	holding	—	—		—	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 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 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

F1Grant of immediately vesting Restricted Stock subject to the approval of the Issuer's stockholders.
F2Represents shares withheld by the Issuer for tax purposes upon vesting of Restricted Stock.
F3Includes 115,282 shares subject to approval by the Issuer's stockholders.
F4These 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 disclaims beneficial ownership of these shares and does not exercise or share voting or dispositive power or investment control of these shares and has no pecuniary interest in these shares.
F5Includes 300,000 restricted shares that vest on December 31, 2017 and 600,000 restricted shares that vest on December 31, 2018.