SEC Form 4 · accession 0001209191-18-063870
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
Sep 17, 2018
Accepted (ET)
Dec 21, 2018 · 3:24 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 shareF2 | Sep 17, 2018 | J | 520,422 | $0.00 | D | 0 | I | By The Howard S. Jonas 2014 Annuity Trust |
| Class B Common Stock, par value $.01 per shareF3,F4 | Sep 17, 2018 | J | 57,825 | $0.00 | A | 477,048 | I | By Trust FBO Joseph Jonas |
| Class B Common Stock, par value $.01 per shareF3,F4 | Sep 17, 2018 | J | 57,825 | $0.00 | A | 475,072 | I | By Trust FBO Tamar Jonas |
| Class B Common Stock, par value $.01 per shareF3,F4 | Sep 17, 2018 | J | 57,825 | $0.00 | A | 476,351 | I | By Trust FBO Rachel Jonas |
| Class B Common Stock, par value $.01 per shareF3,F4 | Sep 17, 2018 | J | 57,825 | $0.00 | A | 501,704 | I | By Trust FBO Miriam Jonas |
| Class B Common Stock, par value $.01 per shareF5,F4 | Sep 17, 2018 | J | 57,825 | $0.00 | A | 476,286 | I | By Trust FBO Jonathan Jonas |
| Class B Common Stock, par value $.01 per shareF5,F4 | Sep 17, 2018 | J | 57,825 | $0.00 | A | 479,146 | I | By Trust FBO Leora Jonas |
| Class B Common Stock, par value $.01 per shareF5,F4 | Sep 17, 2018 | J | 57,824 | $0.00 | A | 302,269 | I | By Trust FBO David Jonas |
| Class B Common Stock, par value $.01 per shareF5,F4 | Sep 17, 2018 | J | 57,824 | $0.00 | A | 360,310 | I | By Trust FBO Samuel Jonas |
| Class B Common Stock, par value $.01 per shareF5,F4 | Sep 17, 2018 | J | 57,824 | $0.00 | A | 289,028 | I | By Trust FBO Michael Jonas |
| 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 shareF6 | holding | — | — | — | 5,144,169 | I | By The Howard S. Jonas 2017 Annuity Trust | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 129,834 | D | ||
| 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 | I | By The Howard S. Jonas 2017 Annuity Trust |
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 the individual trusts of each of his nine children.
- F2Includes 441,085 restricted shares that vest on December 31, 2018.
- F3Includes 49,010 restricted shares that vest on December 31, 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.
- F5Includes 49,009 restricted shares that vest on December 31, 2018.
- F6Includes 158,915 restricted shares that vest on December 31, 2018.