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)
04/20/2020
(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 B Common Stock, par value $.01 per share 04/20/2020 J( 1 ) 22,766 D $ 0 0 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 0 ( 2 ) I By Trust FBO Michael Jonas
Class B Common Stock, par value $.01 per share 0 ( 2 ) I By Trust FBO Joseph Jonas
Class B Common Stock, par value $.01 per share 0 ( 2 ) I By Trust FBO Tamar Jonas
Class B Common Stock, par value $.01 per share 0 ( 2 ) I By Trust FBO Rachel Jonas
Class B Common Stock, par value $.01 per share 0 ( 2 ) I By Trust FBO Jonathan Jonas
Class B Common Stock, par value $.01 per share 0 ( 2 ) I By Trust FBO David Jonas
Class B Common Stock, par value $.01 per share 0 ( 2 ) I By Trust FBO Samuel Jonas
Class B Common Stock, par value $.01 per share 0 ( 2 ) I By Trust FBO Miriam Jonas
Class B Common Stock, par value $.01 per share 0 ( 2 ) I By Trust FBO Leora Jonas
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 04/22/2020
** 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 to a trust for the benefit of one of his children. The recipient trust has an independent trustee.
( 2 )The Reporting Person no longer has, or reports, beneficial ownership of the shares held in this trust since there was a change in trustee from the Reporting Person's spouse to an independent trustee for such trust.

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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