UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 12, 2021
GENIE ENERGY LTD.
(Exact Name of Registrant as Specified in its Charter)
1-35327
(Commission File Number)
| Delaware | | 45-2069276 |
| (State or other jurisdiction | | (IRS Employer |
| of incorporation) | | Identification No.) |
520 Broad Street
Newark, New Jersey | | 07102 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (973) 438-3500
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | | Trading Symbol(s) | | Name of each exchange on which registered |
| Class B common stock, par value $.01 per share | | GNE | | New York Stock Exchange |
| Series 2012-A Preferred stock, par value $.01 per share | | GNE.PRA | | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
(a) Genie Energy Ltd.’s (the “Company”) Annual Meeting of Stockholders was held on May 12, 2021 (the “Meeting”). Stockholders voted on the matters set forth below.
(b) (1) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the election of each of the Board of Directors nominees named in the Proxy Statement of the Company.
The nominees for election to the Board of Directors were elected, each for a one-year term, based upon the following votes:
| Nominee | | Votes For | | | Votes Against | | | Abstentions | | | Broker Non-Vote | | | % Votes For | |
| Howard S. Jonas | | | 5,737,035 | | | | 314,924 | | | | 2,049 | | | | 0 | | | | 94.80 | |
| Joyce Mason | | | 6,007,530 | | | | 42,351 | | | | 4,128 | | | | 0 | | | | 99.30 | |
| W. Wesley Perry | | | 5,847,708 | | | | 201,625 | | | | 4,675 | | | | 0 | | | | 96.67 | |
| Alan B. Rosenthal | | | 5,812,024 | | | | 237,630 | | | | 4,354 | | | | 0 | | | | 96.07 | |
| Allan Sass | | | 5,976,588 | | | | 73,052 | | | | 4,369 | | | | 0 | | | | 98.79 | |
(2) A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the adoption of the 2021 Stock Option and Incentive Plan (the “2021 Plan”)
The number of votes cast with respect to this matter was as follows:
| Votes For | | Votes Against | | Abstentions | | Broker Non-Vote | | % Votes For |
| 5,545,893 | | 502,824 | | 5,290 | | 0 | | 91.69 |
(3) A majority of the votes present or represented at the Meeting by the holders of shares entitled to cast an advisory vote on the following matter in connection with the compensation of the “Named Executive Officers” identified in the 2020 Summary Compensation Table in the “Executive Compensation” section of the Proxy Statement.
The number of votes cast with respect to this matter was as follows:
| Votes For | | Votes Against | | Abstentions | | Broker Non-Vote | | % Votes For |
| 5,671,575 | | 376,888 | | 5,545 | | 0 | | 93.77 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | GENIE ENERGY LTD. |
| | |
| | By: | /s/ Michael Stein |
| | | Name: Michael Stein |
| | | Title: Chief Executive Officer |
| | |
| Dated: May 14, 2021 | |
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