Form 4 for GNE Genie Energy Ltd.
Accepted 2024-08-05 00:00:00 ET · period of report 2024-08-01 · accession 0000950170-24-091121 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-08-05 | 2024-08-01 | GNE | STEIN MICHAEL M | CEO | A - Grant | $17.00 | +125.0K | 604.1K | +26% | +$2.12M | |
| 2024-08-05 | 2024-08-03 | GNE | STEIN MICHAEL M | CEO | F - Tax | $16.13 | -10.8K | 593.2K | -2% | -$174.9K |
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 | 2024-08-01 | A | A | 125,000 | $17.00 | 604,079 | D | — | — | (F1) Grant of Restricted Stock, vesting as follows: 41,667 on each of August 1, 2025 and August 3, 2026; and 41,666 on August 2, 2027. (F2) Consists of 77,398 shares of Class B common stock held directly; 281,681 fully vested restricted shares of Class B common stock; and 245,000 unvested restricted shares of the Company's Class B common stock vesting as follows: (i) 120,000 shares, 30,000 shares of which shall vest on each of August 3, 2024, February 10, 2025, August 3, 2025, and February 10, 2026; and (ii) 125,000 shares, 41,667 shares of which shall vest on each of August 1, 2025 and August 3, 2026, and 41,666 shares shall vest on August 2, 2027. |
| 2 | Common | Class B Common Stock, par value $.01 per share | 2024-08-03 | F | D | 10,845 | $16.13 | 593,234 | D | — | — | (F3) Represents shares withheld by the Issuer for tax purposes upon vesting of Restricted Stock. (F4) Consists of 77,398 shares of Class B common stock held directly; 300,836 fully vested restricted shares of Class B common stock; and 215,000 unvested restricted shares of the Company's Class B common stock, consisting of: (i) 90,000 shares vesting as follows: 30,000 shares vesting on each of February 10, 2025, 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. |