Genie Energy Ltd. — Director's Dealing 2011

Nov 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Genie Energy Ltd. (GNE)
CIK: 0001528356
Period of Report: 2011-11-03

Reporting Person: JONAS HOWARD S (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-03	CLASS B COMMON STOCK	A	55000	—	Acquired	2143624	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CLASS B COMMON STOCK	1446	Indirect
CLASS B COMMON STOCK	121090	Indirect
CLASS B COMMON STOCK	121090	Indirect
CLASS B COMMON STOCK	121090	Indirect
CLASS B COMMON STOCK	121090	Indirect
CLASS B COMMON STOCK	121090	Indirect
CLASS B COMMON STOCK	121090	Indirect
CLASS B COMMON STOCK	121090	Indirect
CLASS B COMMON STOCK	121090	Indirect
CLASS B COMMON STOCK	76369	Indirect
CLASS B COMMON STOCK	1556	Indirect
CLASS B COMMON STOCK	1556	Indirect
CLASS B COMMON STOCK	1556	Indirect
CLASS B COMMON STOCK	1556	Indirect
CLASS B COMMON STOCK	1556	Indirect
CLASS B COMMON STOCK	388716	Indirect
CLASS B COMMON STOCK	1309284	Indirect
CLASS A COMMON STOCK	1476229	Direct
CLASS A COMMON STOCK	98097	Indirect

Footnotes

F1: Grant of Restricted Stock that vests as follows: 18,333 on each of November 3, 2012 and November 3, 2013 and 18,334 on November 3, 2014.

F2: Includes 1,176,427 restricted shares of Class B Common Stock that vests as follows: 568,181 shares on January 15, 2012 and 608,246 shares on December 31, 2013. Also includes 883,333 restricted shares, which vest on December 31, 2013.

F3: As of November 2, 2011.

F4: These shares are held in trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is the trustee of the trust. Mr. Jonas does not exercise or share investment control of these shares.