Avi Goldin - Feb 10, 2024 Form 4 Insider Report for Genie Energy Ltd. (GNE)

Role
CFO
Signature
Joyce J. Mason, by Power of Attorney
Stock symbol
GNE
Transactions as of
Feb 10, 2024
Transactions value $
-$117,881
Form type
4
Date filed
2/13/2024, 06:28 PM
Previous filing
Dec 1, 2023
Next filing
Aug 5, 2024

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 Tax liability -$118K -6.34K -4.58% $18.61 132K Feb 10, 2024 Direct F1, F2
holding GNE Class B Common Stock, $.01 par value per share 1.9K Feb 10, 2024 By Individual Retirement Account
holding GNE Class B Common Stock, $.01 par value per share 400 Feb 10, 2024 By Wife's 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer for tax purposes upon vesting of Restricted Stock.
F2 Includes 9,524 vested restricted shares of Class B common stock and 54,580 unvested restricted shares of Class B common stock. Of the 54,580 unvested restricted shares, 34,580 shares shall vest as follows: 14,580 shares shall vest on August 3, 2024 and 10,000 shares shall vest on each of August 3, 2024 and August 3, 2025. The remaining 20,000 unvested restricted shares shall vest as follows: 10,000 shares shall vest on each of February 10, 2025 and February 10, 2026.