Genie Energy Ltd. — Director's Dealing 2011

Dec 22, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Genie Energy Ltd. (GNE)
CIK: 0001528356
Period of Report: 2011-12-12

Reporting Person: GREENSTEIN IRA A (President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	1395	Indirect
Class B Common Stock, par value $.01 per share	53394	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$6.85	2021-11-02	Class B Common Stock (3250)		Direct
Employee Stock Option (right to buy)	$6.85	2017-04-23	Class B Common Stock (3991)		Direct
Employee Stock Option (right to buy)	$6.85	2015-07-22	Class B Common Stock (1185)		Direct
Employee Stock Option (right to buy)	$6.85	2012-04-15	Class B Common Stock (3556)		Direct

Footnotes

F1: Consists of 23,250 shares of Restricted Stock, and 30,144 shares held directly by Mr. Greenstein. Of the 23,250 shares of Restricted Stock, 20,000 of them are to vest as follows: 6,667 to vest on each of January 5, 2012 and January 5, 2013, and 6,666 to vest on January 5, 2014 and 3,250 of them are to vest as follows: 1,084 to vest on November 3, 2012 and 1,083 to vest on each of November 3, 2013 and November 3, 2014.

F2: Options vest as follows: 1,084 options to vest on November 3, 2012 and 1,083 to vest on each of November 3, 2103 and November 3, 2014.

F3: As of November 30, 2011