Represents a grant of Class B common stock pursuant to a previously granted Deferred Stock Unit.
The Company required the sale of these shares to cover tax withholding obligations. The sales reported in this Form 4 were effected pursuant to a Section 10b5-1 trading plan adopted by the Reporting Person on December 16, 2013.
Consists of 12,487 shares of the Company's unvested Class B Common Restricted Stock, all of which vest on November 3, 2014; and 49,366 shares of the Company's Class B Common Stock held by Mr. Rochwarger 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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Other recent filings from the company include the following:
Genie Energy Declares 1St Quarter 2014 Dividend On Preferred Stock - April 24, 2014