Howard S. Jonas - 17 Aug 2021 Form 4 Insider Report for Genie Energy Ltd. (GNE)

Role
Director
Signature
Joyce J. Mason, by Power of Attorney
Issuer symbol
GNE
Transactions as of
17 Aug 2021
Net transactions value
$0
Form type
4
Filing time
17 Sep 2021, 14:58:39 UTC
Previous filing
15 Oct 2021
Next filing
25 Aug 2021
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 Gift $0 -980,601 -92% $0.000000 85,489 17 Aug 2021 By HSJ 2019 Genie Annuity Trust II F1
transaction GNE Class B Common Stock, par value $.01 per share Gift $0 +980,601 +820% $0.000000 1,100,156 17 Aug 2021 Direct F1
transaction GNE Class B Common Stock, par value $.01 per share Award $0 +80,398 +7.3% $0.000000 1,180,554 17 Sep 2021 Direct F2, F3
holding GNE Class B Common Stock, par value $.01 per share 85,489 17 Aug 2021 By HSJ 2019 Genie Annuity Trust II
holding GNE Class B Common Stock, par value $.01 per share 625,065 17 Aug 2021 By HSJ 2020 Genie Annuity Trust
holding GNE Class B Common Stock, par value $.01 per share 1,556 17 Aug 2021 By Daughter (Miriam)
holding GNE Class B Common Stock, par value $.01 per share 275,047 17 Aug 2021 By The Jonas Foundation
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transferred as an annual annuity payment.
F2 Represents a grant of shares of the Registrant's Class B common stock pursuant to an exchange of a previously granted membership interest in Genie Retail Energy International, LLC, a subsidiary of the Registrant, for shares of the Registrant's Class B Common Stock.
F3 Consists of 1,060,999, shares held directly, 19,555 shares of fully vested restricted stock and 100,000 shares of unvested restricted stock that vest as follows: 33,334 shares to vest on January 5, 2022 and 33,333 shares to vest on each of January 5, 2023 and January 5, 2024.