Sec Form 4 Filing - JONAS HOWARD S @ Genie Energy Ltd. - 2019-02-12

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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1. Name and Address of Reporting Person JONAS HOWARD S 2. Issuer Name and Ticker or Trading Symbol Genie Energy Ltd. [ GNE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chairman of the Board (Last) (First) (Middle) C/O GENIE ENERGY LTD., 520 BROAD STREET 3. Date of Earliest Transaction (MM/DD/YY) 02/12/2019 (Street) NEWARK, NJ07102 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class B Common Stock, par value $.01 per share 211,188 I By Trust FBO Michael Jonas ( 1 ) Class B Common Stock, par value $.01 per share 488,168 I By Trust FBO Joseph Jonas ( 1 ) Class B Common Stock, par value $.01 per share 486,192 I By Trust FBO Tamar Jonas ( 1 ) Class B Common Stock, par value $.01 per share 487,471 I By Trust FBO Rachel Jonas ( 1 ) Class B Common Stock, par value $.01 per share 487,406 I By Trust FBO Jonathan Jonas ( 1 ) Class B Common Stock, par value $.01 per share 313,389 I By Trust FBO David Jonas ( 1 ) Class B Common Stock, par value $.01 per share 371,430 I By Trust FBO Samuel Jonas ( 1 ) Class B Common Stock, par value $.01 per share 512,824 I By Trust FBO Miriam Jonas ( 1 ) Class B Common Stock, par value $.01 per share 479,146 I By Trust FBO Leora Jonas ( 1 ) Class B Common Stock, par value $.01 per share 1,556 I Custodial for Son (Jonathan) Class B Common Stock, par value $.01 per share 1,556 I Custodial for Daughter (Rachel) Class B Common Stock, par value $.01 per share 1,556 I Custodial for Son (Joseph) Class B Common Stock, par value $.01 per share 1,556 I Custodial for Daughter (Tamar) Class B Common Stock, par value $.01 per share 1,556 I Custodial for Daughter (Miriam) Class B Common Stock, par value $.01 per share 5,144,169 I By The Howard S. Jonas 2017 Annuity Trust Class B Common Stock, par value $.01 per share 129,834 D Class B Common Stock, par value $.01 per share 275,047 I By The Jonas Foundation Class A Common Stock, par value $.01 per share 1,574,326 I By The Howard S. Jonas 2017 Annuity Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (Right to Buy) $ 8.05 02/12/2019 A 126,176 ( 2 ) 02/11/2024 Class B Common Stock 126,176 $ 0 126,176 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other JONAS HOWARD S C/O GENIE ENERGY LTD. 520 BROAD STREET NEWARK, NJ07102 X X Chairman of the B oard Signatures Joyce J. Mason, by Power of Attorney 02/14/2019 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These shares are held in trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is trustee of the trust. Mr. Jonas disclaims beneficial ownership of these shares and does not exercise or share voting or dispositive power or investment control of these shares and has no pecuniary interest in these shares. ( 2 )The option vests as follows: 42,059 on February 15, 2019, 42,059 on February 15, 2020 and 42,058 on February 15, 2021.

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).

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