Michael M. Stein - Feb 10, 2025 Form 4 Insider Report for Genie Energy Ltd. (GNE)

Role: CHIEF EXECUTIVE OFFICER
Signature: Joyce J. Mason, by Power of Attorney
Stock symbol: GNE
Transactions as of: Feb 10, 2025
Transactions value $: -$148,108
Form type: 4
Date filed: 2/11/2025, 03:14 PM
Previous filing: Aug 5, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GNE	Class B Common Stock, par value $.01 per share	Tax liability	-$148K	-10.3K	-1.74%	$14.39	583K	Feb 10, 2025	Direct	F1, F2
holding	GNE	Class B Common Stock, $.01 par value per share						1.56K	Feb 10, 2025	By Wife

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
F2	Consists of 77,398 shares of Class B common stock held directly; 320,540 vested restricted shares of Class B common stock; and 185,000 unvested restricted shares of the Company's Class B common stock, consisting of: (i) 60,000 shares vesting as follows: 30,000 shares vesting on each of 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.

Content

Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.

Consists of 77,398 shares of Class B common stock held directly; 320,540 vested restricted shares of Class B common stock; and 185,000 unvested restricted shares of the Company's Class B common stock, consisting of: (i) 60,000 shares vesting as follows: 30,000 shares vesting on each of 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.