SEC Form 4 · accession 0001209191-17-063766

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 · Director · 10% Owner

Period of report

Nov 28, 2017

Accepted (ET)

Dec 5, 2017 · 12:49 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^F2	Nov 28, 2017	J	625,612	$0.00	D	1,579,337	I	By The Howard S. Jonas 2014 Annuity Trust
Class B Common Stock, par value $.01 per share^F3	Nov 28, 2017	J	625,612	$0.00	A	898,918	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	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

F1The Reporting Person transferred these shares from the Howard S. Jonas 2014 Annuity Trust to his own direct holdings.
F2Includes 300,000 restricted shares that vest on December 31, 2017 and 600,000 restricted shares that vest on December 31, 2018.
F3Includes 115,282 shares of Class B Common Stock subject to approval by the Issuer's stockholders [at the Company's Annual Stockholders Meeting in May 2018].
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.