Michael M. Stein - Nov 4, 2023 Form 4 Insider Report for Genie Energy Ltd. (GNE)

Role
CHIEF EXECUTIVE OFFICER
Signature
Joyce J. Mason, by Power of Attorney
Stock symbol
GNE
Transactions as of
Nov 4, 2023
Transactions value $
-$550,070
Form type
4
Date filed
11/7/2023, 12:06 PM
Previous filing
Aug 7, 2023
Next filing
Nov 15, 2023

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 -$550K -26.7K -5.13% $20.62 494K Nov 4, 2023 Direct F1, F2
holding GNE Class B Common Stock, par value $.01 per share 1.56K Nov 4, 2023 By Wife
* 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 Consists of of 81,398 shares of Class B common stock held directly; 262,527 fully vested restricted shares of Class B common stock and 150,000 unvested restricted shares of the Company's Class B common stock. Of the 150,000 unvested restricted shares, 30,000 shares shall vest on each of February 10, 2024, August 3, 2024, February 10, 2025, August 3, 2025, and February 10, 2026.