Genie Energy Ltd. — Director's Dealing 2020

Nov 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Genie Energy Ltd. (GNE)
CIK: 0001528356
Period of Report: 2020-11-02

Reporting Person: STEIN MICHAEL M (CHIEF EXECUTIVE OFFICER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-02	Class B Common Stock, par value $.01 per share	F	23743	$8.325	Disposed	149641	Direct
2020-11-04	Class B Common Stock, par value $.01 per share	A	157344	$0.00	Acquired	306985	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	1556	Indirect

Footnotes

F1: Represents shares withheld by the Issuer for tax purposes upon vesting of 52,448 shares of Restricted Stock.

F2: Consists of 148,641 fully vested restricted shares of Class B Common Stock and 1,000 shares of Class B Common Stock held directly.

F3: Grant of restricted shares of Class B Common Stock, 52,448 shares of which shall vest on each of November 4, 2021, November 4, 2022 and November 4, 2023.

F4: Consists of 148,641 fully vested restricted shares of Class B Common Stock; 1,000 shares of Class B Common Stock held directly; and 157,344 unvested restricted shares of Class B Common Stock, 52,448 shares of which shall vest on each of November 4, 2021, November 4, 2022 and November 4, 2023.