0001209191-20-009077.txt : 20200213 0001209191-20-009077.hdr.sgml : 20200213 20200213112008 ACCESSION NUMBER: 0001209191-20-009077 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200211 FILED AS OF DATE: 20200213 DATE AS OF CHANGE: 20200213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STEIN MICHAEL M CENTRAL INDEX KEY: 0001607743 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35327 FILM NUMBER: 20607929 MAIL ADDRESS: STREET 1: 550 BROAD STREET STREET 2: 17TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Genie Energy Ltd. CENTRAL INDEX KEY: 0001528356 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 452069276 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 520 BROAD STREET CITY: NEWARK STATE: NJ ZIP: 07012 BUSINESS PHONE: 973-438-3500 MAIL ADDRESS: STREET 1: 520 BROAD STREET CITY: NEWARK STATE: NJ ZIP: 07012 FORMER COMPANY: FORMER CONFORMED NAME: Genie Energy. Ltd. DATE OF NAME CHANGE: 20110822 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-02-11 0 0001528356 Genie Energy Ltd. GNE 0001607743 STEIN MICHAEL M C/O GENIE ENERGY LTD. 520 BROAD STREET NEWARK NJ 07102 0 1 0 0 CHIEF EXECUTIVE OFFICER Class B Common Stock, par value $.01 per share 173384 D Class B Common Stock, par value $.01 per share 1556 I By Wife Deferred Stock Units 2020-02-11 4 A 0 90000 0.00 A 2021-02-10 Class B Common Stock 90000 90000 D Deferred Stock Units 2020-02-11 4 A 0 90000 0.00 A 2021-02-10 Class B Common Stock 90000 90000 D Consists of 119,936 shares of fully vested restricted shares of Class B Common Stock, 52,448 restricted shares of Class B Common Stock, all of which shall vest on November 1, 2020, and 1,000 shares of Class B Common Stock held directly. Each Deferred Stock Unit ("DSU") entitles the Reporting Person to a grant of 90,000 restricted shares of the Registrant's Class B common stock the business day following the date the stock has a 30 trading day average closing price of $9.04 or greater. Should the restricted stock be granted, the shares shall vest ratably over a three year period, commencing on the first anniversary of the restricted stock grant date. The DSUs will expire on February 10, 2021 should the 30 trading day average closing price of $9.04 or greater not occur, in which case no shares of restricted stock shall be granted. Each DSU entitles the Reporting Person to a grant of 90,000 restricted shares of the Registrant's Class B common stock the business day following the date the stock has a 30 trading day average closing price of $10.84 or greater. Should the restricted stock be granted, the shares shall vest ratably over a three year period, commencing on the first anniversary of the restricted stock grant date. The DSUs will expire on February 10, 2021 should the 30 trading day average closing price of $10.84 or greater not occur, in which case no shares of restricted stock shall be granted. Joyce J. Mason, by Power of Attorney 2020-02-13