SEC Form 4 · accession 0001209191-19-010062

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

Feb 12, 2019

Accepted (ET)

Feb 14, 2019 · 3:01 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001528356

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Class B Common Stock, par value $.01 per share^F1	holding	—	—	—	211,188	I	By Trust FBO Michael Jonas
Class B Common Stock, par value $.01 per share^F1	holding	—	—	—	488,168	I	By Trust FBO Joseph Jonas
Class B Common Stock, par value $.01 per share^F1	holding	—	—	—	486,192	I	By Trust FBO Tamar Jonas
Class B Common Stock, par value $.01 per share^F1	holding	—	—	—	487,471	I	By Trust FBO Rachel Jonas
Class B Common Stock, par value $.01 per share^F1	holding	—	—	—	487,406	I	By Trust FBO Jonathan Jonas
Class B Common Stock, par value $.01 per share^F1	holding	—	—	—	313,389	I	By Trust FBO David Jonas
Class B Common Stock, par value $.01 per share^F1	holding	—	—	—	371,430	I	By Trust FBO Samuel Jonas
Class B Common Stock, par value $.01 per share^F1	holding	—	—	—	512,824	I	By Trust FBO Miriam Jonas
Class B Common Stock, par value $.01 per share^F1	holding	—	—	—	479,146	I	By Trust FBO Leora 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 share	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

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Right to Buy)^F2	$8.05	Feb 12, 2019	A	126,176	A	—	Feb 11, 2024	Class B Common Stock	126,176	126,176	D

Explanation of responses

F1These 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.
F2The option vests as follows: 42,059 on February 15, 2019, 42,059 on February 15, 2020 and 42,058 on February 15, 2021.