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.
Includes 4,014 unvested shares of the Company's Class B Common Restricted Stock, all of which will vest on November 3, 2014.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, c lick here.
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Other recent filings from the company include the following:
Genie Energy Ltd.'s CFO and Treasurer just picked up 300 shares - Nov. 19, 2014
Genie Energy: Regulation Fd Disclosure - Nov. 12, 2014
Current report, items 7.01 and 9.01 - Nov. 12, 2014
Genie Energy Ltd.'s CFO and Treasurer just disposed of 1,379 shares - Nov. 12, 2014
Major owner of Genie Energy Ltd. just disposed of 7,608 shares - Nov. 12, 2014