Statement of Changes in Beneficial Ownership (4)

FORM 4

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * JONAS HOWARD S	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
(Last)          (First)          (Middle) C/O GENIE ENERGY LTD., 520 BROAD STREET	3. Date of Earliest Transaction (MM/DD/YYYY) 2/11/2020
(Street) NEWARK, NJ 07102 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	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. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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								1691155	I	By HSJ 2019 Genie Annuity Trust II
Class B Common Stock, par value $.01 per share								187820	I	By Trust FBO Michael Jonas (1)
Class B Common Stock, par value $.01 per share								491089	I	By Trust FBO Joseph Jonas (1)
Class B Common Stock, par value $.01 per share								489113	I	By Trust FBO Tamar Jonas (1)
Class B Common Stock, par value $.01 per share								490392	I	By Trust FBO Rachel Jonas (1)
Class B Common Stock, par value $.01 per share								490327	I	By Trust FBO Jonathan Jonas (1)
Class B Common Stock, par value $.01 per share								316310	I	By Trust FBO David Jonas (1)
Class B Common Stock, par value $.01 per share								374351	I	By Trust FBO Samuel Jonas (1)
Class B Common Stock, par value $.01 per share								515745	I	By Trust FBO Miriam Jonas (1)
Class B Common Stock, par value $.01 per share								482067	I	By Trust FBO Leora Jonas (1)
Class B Common Stock, par value $.01 per share								3549048	I	By The Howard S. Jonas 2017 Annuity Trust
Class B Common Stock, par value $.01 per share								1556	I	Custodial for Son (Jonathan)
Class B Common Stock, par value $.01 per share								1556	I	Custodial for Daughter (Rachel)
Class B Common Stock, par value $.01 per share								1556	I	Custodial for Son (Joseph)
Class B Common Stock, par value $.01 per share								1556	I	Custodial for Daughter (Tamar)
Class B Common Stock, par value $.01 per share								1556	I	Custodial for Daughter (Miriam)
Class B Common Stock, par value $.01 per share								275047	I	By The Jonas Foundation
Class A Common Stock, par value $.01 per share								1574326	I	By The Howard S. Jonas 2017 Annuity Trust

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		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 of Derivative Security: 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
Deferred Stock Units	(2)	2/11/2020		A		110000		(2)	2/10/2021 (3)	Class B Common Stock	110000	$0.00	110000	D
Deferred Stock Units	(4)	2/11/2020		A		110000		(4)	2/10/2021 (5)	Class B Common Stock	110000	$0.00	110000	D

Explanation of Responses:
(1)	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. Howard Jonas disclaims beneficial ownership of these shares.
(2)	Each Deferred Stock Unit ("DSU") entitles the Reporting Person to a grant of 110,000 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.
(3)	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.
(4)	Each DSU entitles the Reporting Person to a grant of 110,000 restricted shares of the Registrant's Class B common stock the business day following the date the stock has 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.
(5)	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.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
JONAS HOWARD S C/O GENIE ENERGY LTD. 520 BROAD STREET NEWARK, NJ 07102	X	X	Chairman of the Board

Signatures
Joyce J. Mason, by Power of Attorney		2/13/2020
**Signature of Reporting Person		Date