STEIN MICHAEL M 4
4 · Genie Energy Ltd. · Filed Aug 5, 2024
Insider Transaction Report
Form 4
STEIN MICHAEL M
CHIEF EXECUTIVE OFFICER
Transactions
- Award
Class B Common Stock, par value $.01 per share
2024-08-01$17.00/sh+125,000$2,125,000→ 604,079 total - Tax Payment
Class B Common Stock, par value $.01 per share
2024-08-03$16.13/sh−10,845$174,876→ 593,234 total
Holdings
- 1,556(indirect: By Spouse)
Class B Common Stock, $.01 par value per share
Footnotes (4)
- [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.
- [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.