Form 4 for GNE Genie Energy Ltd.
Accepted 2024-02-13 00:00:00 ET · period of report 2024-02-09 · accession 0000950170-24-014776 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-13 | 2024-02-09 | GNE | JONAS HOWARD S | Dir, 10% | M - OptEx | $8.05 | +126.2K | 309.5K | +69% | +$1.02M |
| DM | 2024-02-13 | 2024-02-09+ | GNE | JONAS HOWARD S | Dir, 10% | F - Tax | $18.86 | -86.6K | 222.9K | -28% | -$1.63M |
| D | 2024-02-13 | 2024-02-10 | GNE | JONAS HOWARD S | Dir, 10% | G - Gift | $0.00 | -2,757 | 220.2K | -1% | $0 |
| D | 2024-02-13 | 2024-02-09 | GNE | JONAS HOWARD S | Dir, 10% | M - OptEx | $0.00 | -126.2K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock, par value $.01 per share | 2024-02-09 | M | A | 126,176 | $8.05 | 309,509 | D | — | — | (F1) Consists of 126,176 shares held directly, and 183,333 unvested restricted shares of Class B common stock. Of the 183,333 unvested restricted shares, 73,333 shares shall vest as follows: 36,667 shares vest on August 3, 2024 and 36,666 shares vest on August 3, 2025. The remaining 110,000 unvested restricted shares vest ratably on each of February 10, 2024, February 10, 2025 and February 10, 2026. |
| 2 | Common | Class B Common Stock, par value $.01 per share | 2024-02-09 | F | D | 76,544 | $18.89 | 232,965 | D | — | — | (F2) Represents 53,770 shares that were withheld by the Issuer to pay the exercise price, and 22,774 shares that were withheld by the Issuer to pay the tax withholding obligation that arose upon the Reporting Person's exercise of the option to purchase shares of Class B common stock described in Table II of this Form 4. (F3) Consists of 49,632 shares held directly, and 183,333 unvested restricted shares of Class B common stock. Of the 183,333 unvested restricted shares, 73,333 shares shall vest as follows: 36,667 shares vest on August 3, 2024 and 36,666 shares vest on August 3, 2025. The remaining 110,000 unvested restricted shares vest ratably on each of February 10, 2024, February 10, 2025 and February 10, 2026. |
| 3 | Common | Class B Common Stock, par value $.01 per share | 2024-02-10 | F | D | 10,055 | $18.61 | 222,910 | D | — | — | (F4) Represents shares withheld by the Issuer upon the vesting of restricted shares of Class B common stock. (F5) Consists of 49,632 shares held directly, 26,612 vested restricted shares; and 146,666 unvested restricted shares of Class B common stock. Of the 146,666 unvested restricted shares, 73,333 shares shall vest as follows: 36,667 shares vest on August 3, 2024 and 36,666 shares vest on August 3, 2025. The remaining 73,333 unvested restricted shares vest ratably on each of February 10, 2025 and February 10, 2026. |
| 4 | Common | Class B Common Stock, par value $.01 per share | 2024-02-10 | G | D | 2,757 | $0.00 | 220,153 | D | — | — | (F6) Consists of 46,875 shares held directly, 26,612 vested restricted shares; and 146,666 unvested restricted shares of Class B common stock. Of the 146,666 unvested restricted shares, 73,333 shares shall vest as follows: 36,667 shares vest on August 3, 2024 and 36,666 shares vest on August 3, 2025. The remaining 73,333 unvested restricted shares vest ratably on each of February 10, 2025 and February 10, 2026. |
| 5 | Derivative | Employee Stock Option (right to buy) | 2024-02-09 | M | D | 126,176 | $0.00 | 0 | D | $8.05 · 2021-02-15 to 2024-02-11 | 126,176 Class B Common Stock |