Michael M. Stein - Sep 17, 2021 Form 4 Insider Report for Genie Energy Ltd. (GNE)

Signature
Joyce J. Mason, by Power of Attorney
Stock symbol
GNE
Transactions as of
Sep 17, 2021
Transactions value $
$0
Form type
4
Date filed
9/17/2021, 03:05 PM
Next filing
Nov 8, 2021

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 Award $0 +80.4K +26.19% $0.00 387K Sep 17, 2021 Direct F1, F2
holding GNE Class B Common Stock, par value $.01 per share 1.56K Sep 17, 2021 By Wife
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Consists of 148,641 fully vested restricted shares of Class B Common Stock; 81,398 shares of Class B Common Stock held directly; and 157,344 unvested restricted shares of Class B Common Stock, 52,448 shares of which shall vest on each of November 4, 2021, November 4, 2022 and November 4, 2023.