SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* JONAS HOWARD S (Last) (First) (Middle) C/O GENIE ENERGY LTD. 520 BROAD STREET (Street) NEWARK NJ 07102 (City) (State) (Zip)	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 & CEO
	3. Date of Earliest Transaction (Month/Day/Year) 08/07/2017
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	08/07/2017		A		210,840(1)	A	$0.00	368,864	D
Class B Common Stock, par value $.01 per share	08/07/2017		F		95,558(2)	D	$6.43	273,306(3)	D
Class B Common Stock, par value $.01 per share								231,204	I	By Trust FBO Michael Jonas(4)
Class B Common Stock, par value $.01 per share								302,486	I	By Trust FBO Samuel Jonas(4)
Class B Common Stock, par value $.01 per share								419,223	I	By Trust FBO Joseph Jonas(4)
Class B Common Stock, par value $.01 per share								417,247	I	By Trust FBO Tamar Jonas(4)
Class B Common Stock, par value $.01 per share								418,526	I	By Trust FBO Rachel Jonas(4)
Class B Common Stock, par value $.01 per share								421,321	I	By Trust FBO Leora Jonas(4)
Class B Common Stock, par value $.01 per share								244,445	I	By Trust FBO David Jonas(4)
Class B Common Stock, par value $.01 per share								418,461	I	By Trust FBO Jonathan Jonas(4)
Class B Common Stock, par value $.01 per share								443,879	I	By Trust FBO Miriam Jonas(4)
Class B Common Stock, par value $.01 per share								2,034,262	I	By The Howard S. Jonas 2017 Annuity Trust
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								2,204,949(5)	I	By The Howard S. Jonas 2014 Annuity Trust
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	D

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. Grant of immediately vesting Restricted Stock subject to the approval of the Issuer's stockholders.

2. Represents shares withheld by the Issuer for tax purposes upon vesting of Restricted Stock.

3. Includes 115,282 shares subject to approval by the Issuer's stockholders.

4. 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.

5. Includes 300,000 restricted shares that vest on December 31, 2017 and 600,000 restricted shares that vest on December 31, 2018.

Remarks:

	Joyce J. Mason, by Power of Attorney	08/08/2017
	** Signature of Reporting Person	Date
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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