Howard S. Jonas - 24 Jan 2024 Form 4 Insider Report for Genie Energy Ltd. (GNE)

Role
Director, 10%+ Owner
Signature
Joyce J. Mason, by Power of Attorney
Issuer symbol
GNE
Transactions as of
24 Jan 2024
Net transactions value
$0
Form type
4
Filing time
26 Jan 2024, 13:58:59 UTC
Previous filing
09 Jan 2024
Next filing
01 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNE Class B Common Stock, par value $.01 per share Other $0 -876,911 -83% $0.000000 183,333 24 Jan 2024 Direct F1, F2
transaction GNE Class B Common Stock, par value $.01 per share Other $0 +876,911 $0.000000 876,911 24 Jan 2024 By HSJ 2024 Genie Annuity Trust F1
holding GNE Class B Common Stock, $.01 par value per share 628,640 24 Jan 2024 By HSJ 2022 Annuity Trust I
holding GNE Class B Common Stock, $.01 par value per share 275,047 24 Jan 2024 By The Jonas Foundation
holding GNE Class B Common Stock, $.01 par value per share 1,085,646 24 Jan 2024 By HSJ 2019 Remainder Trust
holding GNE Class B Common Stock, $.01 par value per share 1,377,535 24 Jan 2024 By Genie A Partners, L.P.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transfer from the Reporting Person's direct holdings to the HSJ 2024 Genie Annuity Trust.
F2 Consists of 183,333 unvested restricted shares of Class B common stock, 73,333 shares of which shall vest as follows: 36,667 shares vest on August 3, 2024 and 36,666 shares vest on August 3, 2025. The remaining 110,000 unvested restricted shares vest ratably on each of February 10, 2024, February 10, 2025 and February 10, 2026.