Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
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 (Month/Day/Year)
04/25/2018
(Street)

NEWARK, NJ 07102		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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 04/25/2018   J(1) V 1,423,990 D $ 0 610,272 I By The Howard S. Jonas 2017 Annuity Trust
Class B Common Stock, par value $.01 per share 04/25/2018   J(1) V 1,423,990 A $ 0 2,322,908 D  
Class B Common Stock, par value $.01 per share               1,579,337 (2) I By The Howard S. Jonas 2014 Annuity Trust
Class B Common Stock, par value $.01 per share               231,204 I By Trust FBO Michael Jonas (3)
Class B Common Stock, par value $.01 per share               302,486 I By Trust FBO Samuel Jonas (3)
Class B Common Stock, par value $.01 per share               419,223 I By Trust FBO Joseph Jonas (3)
Class B Common Stock, par value $.01 per share               417,247 I By Trust FBO Tamar Jonas (3)
Class B Common Stock, par value $.01 per share               418,526 I By Trust FBO Rachel Jonas (3)
Class B Common Stock, par value $.01 per share               421,321 I By Trust FBO Leora Jonas (3)
Class B Common Stock, par value $.01 per share               244,445 I By Trust FBO David Jonas (3)
Class B Common Stock, par value $.01 per share               418,461 I By Trust FBO Jonathan Jonas (3)
Class B Common Stock, par value $.01 per share               443,879 I By Trust FBO Miriam Jonas (3)
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               275,047 I By The Jonas Foundation
Class A Common Stock, par value $.01 per share               1,574,326 D  

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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 Underlying Securities
(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
Employee Stock Option (Right to Buy) $ 4.34 05/07/2018   A   51,364   02/15/2019 05/06/2023 Class B Common Stock 51,364 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 4.34 05/07/2018   A   51,364   02/15/2020 05/06/2023 Class B Common Stock 51,364 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 4.34 05/07/2018   A   51,364   02/15/2021 05/06/2023 Class B Common Stock 51,364 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 4.34 05/07/2018   A   51,364   02/15/2022 05/06/2023 Class B Common Stock 51,364 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 4.34 05/07/2018   A   51,362   02/15/2023 05/06/2023 Class B Common Stock 51,362 $ 0 0 D  

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   05/08/2018
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The Reporting Person transferred these shares from the Howard S. Jonas 2017 Annuity Trust to his own direct holdings.
(2) Includes 600,000 restricted shares that vest on December 31, 2018.
(3) 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.

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