Insider filing report for Changes in Beneficial Ownership
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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
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O GENIE ENERGY LTD., 520 BROAD STREET
3. Date of Earliest Transaction (MM/DD/YY)
04/06/2020
(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 A Common Stock, par value $.01 per share 04/06/2020 J( 1 ) 1,574,326 D $ 0 0 I By The Howard S. Jonas 2017 Annuity Trust
Class B Common Stock, par value $.01 per share 04/06/2020 J( 1 ) 3,526,282 D $ 0 22,766 I By The Howard S. Jonas 2017 Annuity Trust
Class B Common Stock, par value $.01 per share 1,691,155 I By HSJ 2019 Genie Annuity Trust II
Class B Common Stock, par value $.01 per share 187,820 I By Trust FBO Michael Jonas ( 2 )
Class B Common Stock, par value $.01 per share 491,089 I By Trust FBO Joseph Jonas ( 2 )
Class B Common Stock, par value $.01 per share 489,113 I By Trust FBO Tamar Jonas ( 2 )
Class B Common Stock, par value $.01 per share 490,392 I By Trust FBO Rachel Jonas ( 2 )
Class B Common Stock, par value $.01 per share 490,327 I By Trust FBO Jonathan Jonas ( 2 )
Class B Common Stock, par value $.01 per share 316,310 I By Trust FBO David Jonas ( 2 )
Class B Common Stock, par value $.01 per share 374,351 I By Trust FBO Samuel Jonas ( 2 )
Class B Common Stock, par value $.01 per share 515,745 I By Trust FBO Miriam Jonas ( 2 )
Class B Common Stock, par value $.01 per share 482,067 I By Trust FBO Leora Jonas ( 2 )
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 275,047 I By The Jonas Foundation
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
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
Signatures
Joyce J. Mason, by Power of Attorney 04/06/2020
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Reporting Person caused these shares to be transferred from the Howard S. Jonas 2017 Annuity Trust in substantially equal amounts to eight newly-created trusts for the benefit of eight of his children. Each of the recipient trusts has a separate independent trustee.
( 2 )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. Howard Jonas disclaims beneficial ownership of these shares.

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.
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