Avi Goldin - 29 Nov 2023 Form 4 Insider Report for Genie Energy Ltd. (GNE)

Role: CFO
Signature: Joyce J. Mason, by Power of Attorney
Issuer symbol: GNE
Transactions as of: 29 Nov 2023
Net transactions value: -$84,630
Form type: 4
Filing time: 01 Dec 2023, 10:35:00 UTC
Previous filing: 14 Nov 2023
Next filing: 13 Feb 2024
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, $.01 par value per share	Sale	$84,630	-3,500	-2.5%	$24.18	138,263	29 Nov 2023	Direct	F1
holding	GNE	Class B Common Stock, $.01 par value per share						1,900	29 Nov 2023	By Individual Retirement Account
holding	GNE	Class B Common Stock, $.01 par value per share						400	29 Nov 2023	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	Includes 5,860 vested restricted shares of Class B common stock and 64,580 unvested restricted shares of Class B common stock. Of the 64,580 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 30,000 unvested restricted shares shall vest as follows: 10,000 shares shall vest on each of February 10, 2024, February 10, 2025, and February 10, 2026.

Content

Includes 5,860 vested restricted shares of Class B common stock and 64,580 unvested restricted shares of Class B common stock. Of the 64,580 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 30,000 unvested restricted shares shall vest as follows: 10,000 shares shall vest on each of February 10, 2024, February 10, 2025, and February 10, 2026.