0001209191-22-009159.txt : 20220214
0001209191-22-009159.hdr.sgml : 20220214
20220214141707
ACCESSION NUMBER: 0001209191-22-009159
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220211
FILED AS OF DATE: 20220214
DATE AS OF CHANGE: 20220214
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: 22629455
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-02-11
0
0001528356
Genie Energy Ltd.
GNE
0001034247
JONAS HOWARD S
C/O GENIE ENERGY LTD.
520 BROAD STREET
NEWARK
NJ
07102
1
0
0
0
Class B Common Stock, par value $.01 per share
180398
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
625065
I
By HSJ 2020 Genie Annuity 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
Deferred Stock Unit
2022-02-11
4
A
0
110000
0.00
A
2023-02-10
Class B Common Stock
110000
110000
D
Deferred Stock Units
2022-02-11
4
A
0
110000
0.00
A
2023-02-10
Class B Common Stock
110000
110000
D
Consists of 80,398 shares held directly, 33,334 shares of vested restricted stock, and 66,666 shares of unvested restricted stock, 33,333 shares of which shall vest on each of January 5, 2023 and January 5, 2024.
Each Deferred Stock Unit ("DSU") entitles the Reporting Person to a grant of 110,000 restricted shares of the Issuer's Class B common stock the business day following the date the stock has a 30 trading day average closing price of $9.04 or greater. Should the restricted stock be granted, the shares shall vest ratably over a three year period, commencing on the first anniversary of the restricted stock grant date.
The DSUs will expire on February 10, 2023 should the 30 trading day average closing price of $9.04 or greater not occur, in which case no shares of restricted stock shall be granted.
Each DSU entitles the Reporting Person to a grant of 110,000 restricted shares of the Issuer's Class B common stock the business day following the date the stock has a 30 trading day average closing price of $10.84 or greater. Should the restricted stock be granted, the shares shall vest ratably over a three year period, commencing on the first anniversary of the restricted stock grant date.
The DSUs will expire on February 10, 2023 should the 30 trading day average closing price of $10.84 or greater not occur, in which case no shares of restricted stock shall be granted.
Joyce J. Mason, by Power of Attorney
2022-02-14