Genie Energy Ltd. — Director's Dealing 2012

Mar 19, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Genie Energy Ltd. (GNE)
CIK: 0001528356
Period of Report: 2012-03-16

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
2012-03-16	CLASS B COMMON STOCK	P	52000	$9.90	Acquired	2195624	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CLASS B COMMON STOCK	1438	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: Includes the following: (a) 608,246 restricted shares of Class B Common Stock that vest on December 31, 2013; (b) 883,333 restricted shares of Class B Common Stock that vest on December 31, 2013; and (c) 55,000 restricted shares of Class B Common Stock that vest as follows: 18,333 shares on each of November 3, 2012 and November 3, 2013 and 18,334 shares on November 3, 2014.

F2: As of February 29, 2012.

F3: 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.

F4: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $9.67 to $9.99, inclusive. The reporting person undertakes to provide Genie Energy, Ltd., any security holder of Genie Energy, Ltd., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.