Howard S. Jonas - 14 Nov 2023 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
14 Nov 2023
Net transactions value
$0
Form type
4
Filing time
16 Nov 2023, 16:03:45 UTC
Previous filing
20 Oct 2023
Next filing
18 Dec 2023
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 -1,844 -0.17% $0.000000 1,076,036 14 Nov 2023 Direct F1
transaction GNE Class A Common Stock, par value $.01 per share Other $0 +1,377,535 $0.000000 1,377,535 15 Nov 2023 By Genie A Partners, L.P. F2
holding GNE Class B Common Stock, par value $.01 per share 1,085,645 14 Nov 2023 By HSJ 2019 Remainder Trust
holding GNE Class B Common Stock, par value $.01 per share 628,640 14 Nov 2023 By HSJ 2022 Annuity Trust I
holding GNE Class B Common Stock, par value $.01 per share 275,047 14 Nov 2023 By The Jonas Foundation
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 815,200 shares of Class B common stock held directly; 44,170 fully vested restricted shares of Class B common stock; and 216,666 unvested restricted shares of Class B common stock. Of the 216,666 unvested restricted shares, 106,666 vest as follows: 33,333 shares vest on January 5, 2024, 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.
F2 Transfer from individual trusts for the benefit of seven of the Reporting Person's children to Genie A Partners, L.P.