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4//SEC Filing

ROCHWARGER GEOFFREY 4

Accession 0001181431-11-059817

CIK 0001528356other

Filed

Dec 11, 7:00 PM ET

Accepted

Dec 12, 3:06 PM ET

Size

9.0 KB

Accession

0001181431-11-059817

Insider Transaction Report

Form 4
Period: 2011-12-08
ROCHWARGER GEOFFREY
Vice Chairman
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-12-088890 total
    Exercise: $6.85Exp: 2011-12-13Class B Common Stock (889 underlying)
  • Award

    Employee Stock Option (right to buy)

    2011-12-08+889889 total
    Exercise: $6.85Exp: 2012-04-15Class B Common Stock (889 underlying)
Holdings
  • Class B Common Stock, $.01 par value per share

    37,476
Footnotes (2)
  • [F1]Includes Restricted Stock that vests as follows: 12,487 shares on November 3, 2012 and 12,488 shaers on each of November 3, 2013 and November 3, 2014. Mr. Rochwarger will also receive 18,000 shares of Class B Common Stock on each of January 5, 2012, January 5, 2013 and January 5, 2014 for a total of 54,000 shares in connection with IDT Corporation's pro-rata spinoff of the Registrant. Such shares will be issued pursuant to a Separation Agreement between IDT Corporation and the Registrant in conjunction with a Deferred Stock Agreement between Mr. Rochwarger and IDT Corporation under which upon the occurrence of certain events Mr. Rochwarger will be granted 18,000 shares of IDT Corporation Class B Common Stock on each of January 5, 2012, January 5, 2013 and January 5, 2014.
  • [F2]The two reported transactions involved an amendment of an outstanding option to extend the expiration date, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on November 3, 2011 and vested immediately.

Issuer

Genie Energy Ltd.

CIK 0001528356

Entity typeother

Related Parties

1
  • filerCIK 0001228165

Filing Metadata

Form type
4
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 3:06 PM ET
Size
9.0 KB