Form 4 for IDT IDT CORP

Accepted 2022-01-07 00:00:00 ET · period of report 2022-01-05 · accession 0001209191-22-002334 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2022-01-07	2022-01-05	IDT	ASH MENACHEM	EVP of Strategic, Legal Affairs	M - OptEx	$44.79	+5,000	46.9K	+12%	+$223.9K
M	2022-01-07	2022-01-05	IDT	ASH MENACHEM	EVP of Strategic, Legal Affairs	F - Tax	$44.79	-9,173	45.1K	-17%	-$410.9K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class B Common Stock, par value $.01 per share	2022-01-05	M	A	5,000	$44.79	46,879	D	—	—	(F1) Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B Common Stock prior to the January 5, 2022 vesting date, each DSU that vested entitled the Reporting Person to receive 2 shares of Class B Common Stock.
2	Common	Class B Common Stock, par value $.01 per share	2022-01-05	F	D	7,370	$44.79	37,706	D	—	—	(F3) Represents shares withheld by the Issuer for tax purposes upon the vesting of 20,000 shares of Restricted Stock, which was precipitated by the closing price of the Issuer's Class B Common Stock on the trading day prior to grant being $13.00 or higher. All 20,000 shares of Restricted Stock vested in full on January 5, 2022, since the closing price of the Issuer's Class B Common Stock on the trading day prior to vest (January 4, 2022) was $13.00 or higher. (F4) Consists of 28,962 fully vested shares of Restricted Stock and 8,744 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.
3	Common	Class B Common Stock, par value $.01 per share	2022-01-05	F	D	1,803	$44.79	45,076	D	—	—	(F2) Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.