Genie Energy Ltd. — Director's Dealing 2012

Jan 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Genie Energy Ltd. (GNE)
CIK: 0001528356
Period of Report: 2012-01-05

Reporting Person: GREENSTEIN IRA A (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-05	Class B Common Stock, par value $.01 per share	F	2721	$8.04	Disposed	50673	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	1397	Indirect

Footnotes

F1: Consists of 13,333 unvested shares of the Company's Class B Common Restricted Stock by virtue of Mr. Greenstein's ownership of IDT Corporation Restricted Stock in connection with IDT Corporation's pro-rata spinoff of the Registrant, 30,144 shares of the Company's Class B Common Stock by virtue of Mr. Greenstein's ownership of IDT Corporation Class B Common Stock in connection with IDT Corporation's pro-rata spinoff of the Registrant, 3,946 vested shares of the Company's Class B Common Stock and 3,250 unvested shares of the Company's Class B Common Restricted Stock.

F2: As of December 31, 2011.