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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| STEIN MICHAEL M C/O GENIE ENERGY LTD. 520 BROAD STREET NEWARK, NJ 07102 |
CHIEF EXECUTIVE OFFICER | |||
| Joyce J. Mason, by Power of Attorney | 08/05/2024 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | Grant of Restricted Stock, vesting as follows: 41,667 on each of August 1, 2025 and August 3, 2026; and 41,666 on August 2, 2027. |
| (2) | Consists of 77,398 shares of Class B common stock held directly; 281,681 fully vested restricted shares of Class B common stock; and 245,000 unvested restricted shares of the Company's Class B common stock vesting as follows: (i) 120,000 shares, 30,000 shares of which shall vest on each of August 3, 2024, February 10, 2025, August 3, 2025, and February 10, 2026; and (ii) 125,000 shares, 41,667 shares of which shall vest on each of August 1, 2025 and August 3, 2026, and 41,666 shares shall vest on August 2, 2027. |
| (3) | Represents shares withheld by the Issuer for tax purposes upon vesting of Restricted Stock. |
| (4) | Consists of 77,398 shares of Class B common stock held directly; 300,836 fully vested restricted shares of Class B common stock; and 215,000 unvested restricted shares of the Company's Class B common stock, consisting of: (i) 90,000 shares vesting as follows: 30,000 shares vesting on each of February 10, 2025, August 3, 2025, and February 10, 2026; and (ii) 125,000 shares vesting as follows: 41,667 shares vesting on each of August 1, 2025 and August 3, 2026, and 41,666 shares vesting on August 2, 2027. |