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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	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 & CEO
(Last) (First) (Middle) C/O GENIE ENERGY LTD., 520 BROAD STREET	3. Date of Earliest Transaction (MM/DD/YYYY) 3/7/2017
(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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock, par value $.01 per share	3/7/2017		P		4560 ⁽¹⁾	A	$5.3721	2369509 ⁽²⁾	D
Class B Common Stock, par value $.01 per share								205075	I	By Trust FBO Michael Jonas ⁽³⁾
Class B Common Stock, par value $.01 per share								287870	I	By Trust FBO Samuel Jonas ⁽³⁾
Class B Common Stock, par value $.01 per share								404598	I	By Trust FBO Joseph Jonas ⁽³⁾
Class B Common Stock, par value $.01 per share								404772	I	By Trust FBO Tamar Jonas ⁽³⁾
Class B Common Stock, par value $.01 per share								404462	I	By Trust FBO Rachel Jonas ⁽³⁾
Class B Common Stock, par value $.01 per share								405218	I	By Trust FBO Leora Jonas ⁽³⁾
Class B Common Stock, par value $.01 per share								215557	I	By Trust FBO David Jonas ⁽³⁾
Class B Common Stock, par value $.01 per share								406084	I	By Trust FBO Jonathan Jonas ⁽³⁾
Class B Common Stock, par value $.01 per share								405933	I	By Trust FBO Miriam Jonas ⁽³⁾
Class B Common Stock, par value $.01 per share								2204949 ⁽⁴⁾	I	By The Howard S. Jonas 2014 Annuity Trust
Class B Common Stock, par value $.01 per share								275047	I	By The Jonas Foundation
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 A Common Stock, par value $.01 per share								1574326	D

*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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
( 1)	Shares purchased pursuant to a Rule 10b5-1 plan dated December 14, 2016.
( 2)	Includes 300,000 restricted shares that vest on December 31, 2017.
( 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 does not exercise or share investment control of these shares.
( 4)	Includes 300,000 restricted shares that vest on December 31, 2017 and 600,000 restricted shares that vest on December 31, 2018.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	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 & CEO

Signatures
Joyce J. Mason, by Power of Attorney		3/9/2017
^** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.