Genie Energy Ltd.'s President just picked up 63,917 shares


Ira A Greenstein, Genie Energy Ltd.'s President, recently acquired 63,917 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on December 12, 2013. Greenstein now owns 111,735 shares of the company. Greenstein operates out of Newark, NJ. Some additional info was provided as follows:

Grant of Restricted Stock that vests as follows: 42,071 on January 9, 2014 and 7,282 shares on each of January 9, 2015, January 9, 2016 and January 9, 2017. Consists of 71,666 unvested shares of the Company's Class B Common Restricted Stock of which 6,666 vest on January 5, 2014, 1,083 vest on November 3, 2014; 42,071 on January 9, 2014, 7, 282 on each of January 9, 2015, January 9, 2016 and January 9, 201 7; and 40,069 shares of the Company's Class B Common Stock held by Mr. Greenstein directly.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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