# EDGAR Filing Document

**Accession Number:** 0001528356
**File Stem:** 0001209191-23-002528
**Filing Date:** 2023-1
**Character Count:** 7796
**Document Hash:** e0dcfa2db22adc5cfc52c2d026df497a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001209191-23-002528.hdr.sgml**: 20230109

**ACCESSION NUMBER**: 0001209191-23-002528

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20220815

**FILED AS OF DATE**: 20230109

**DATE AS OF CHANGE**: 20230109

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** JONAS HOWARD S
- **CENTRAL INDEX KEY:** 0001034247
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35327
- **FILM NUMBER:** 23517845
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Genie Energy Ltd.
- **CENTRAL INDEX KEY:** 0001528356
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC & OTHER SERVICES COMBINED [4931]
- **IRS NUMBER:** 452069276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 520 BROAD STREET
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07012
- **BUSINESS PHONE:** 973-438-3500

**MAIL ADDRESS:**
- **STREET 1:** 520 BROAD STREET
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07012

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Genie Energy. Ltd.
- **DATE OF NAME CHANGE:** 20110822

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>JONAS HOWARD S<br><sub>(Last) (First) (Middle)</sub><br>C/O GENIE ENERGY LTD.<br>520 BROAD STREET<br><sub>(Street)</sub><br>NEWARK, NJ 07102<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2022-08-15 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Genie Energy Ltd. [ GNE ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class B Common Stock, par value $.01 per share | 2022-08-15 |  | G<sup>(1)</sup> | V | 525745 | D | $0.00 | 99320 | I | By HSJ 2020 Genie Annuity Trust |
| Class B Common Stock, par value $.01 per share | 2022-08-15 |  | G<sup>(1)</sup> | V | 525745 | A | $0.00 | 805306<sup>(2)</sup> | D |  |
| Class B Common Stock, par value $.01 per share | 2022-08-17 |  | G<sup>(3)</sup> | V | 628640 | D | $0.00 | 176666<sup>(4)</sup> | D |  |
| Class B Common Stock, par value $.01 per share | 2022-08-17 |  | G<sup>(3)</sup> | V | 628640 | A | $0.00 | 628640 | I | By HSJ 2022 Annuity Trust I |
| Class B Common Stock, par value $.01 per share | 2023-01-05 |  | F |  | 14217<sup>(5)</sup> | D | $10.135 | 162449<sup>(6)</sup> | D |  |
| Class B Common Stock, par value $.01 per share |  |  |  |  |  |  |  | 1000156 | I | By HSJ 2020 IDT Annuity Trust |
| Class B Common Stock, par value $.01 per share |  |  |  |  |  |  |  | 85489 | I | By HSJ 2019 Genie Remainder Trust |
| Class B Common Stock, par value $.01 per share |  |  |  |  |  |  |  | 1556 | I | By Daughter (Miriam) |
| Class B Common Stock, par value $.01 per share |  |  |  |  |  |  |  | 275047 | I | By The Jonas Foundation |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) These shares were transferred from the HSJ 2020 Genie Annuity Trust to the Reporting Person's direct holdings.

(2) Consists of 606,143 shares held directly, 22,497 shares of vested restricted stock and 176,666 shares of unvested restricted stock, 33,333 shares of which shall vest on each of January 5, 2023 and January 5, 2024, 36,667 shares of which shall vest on each of August 3, 2023 and August 3, 2024 and 36,666 shares of which shall vest on August 3, 2025.

(3) These shares were transferred from the Reporting Person's direct holdings to The HSJ 2022 Annuity Trust I.

(4) Represents unvested restricted stock, 33,333 shares of which shall vest on each of January 5, 2023 and January 5, 2024, 36,667 shares of which shall vest on each of August 3, 2023 and August 3, 2024 and 36,666 shares of which shall vest on August 3, 2025.

(5) Represents shares withheld by the Issuer for tax purposes upon vesting of restricted stock.

(6) Consists of 19,116 shares of vested restricted stock and 143,333 shares of unvested restricted stock, 33,333 shares of which shall vest on January 5, 2024, 36,667 shares of which shall vest on each of August 3, 2023 and August 3, 2024, and 36,666 shares of which shall vest on August 3, 2025.

**Signature:** Joyce J. Mason, by Power of Attorney  
**Date:** 2023-01-09

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**