Bill Pereira - Mar 15, 2024 Form 4 Insider Report for IDT CORP (IDT)

Role
COO & President, Director
Signature
Joyce J. Mason, by Power of Attorney
Stock symbol
IDT
Transactions as of
Mar 15, 2024
Transactions value $
-$1,349,012
Form type
4
Date filed
3/19/2024, 05:09 PM
Previous filing
Jan 16, 2024
Next filing
Oct 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDT Class B Common Stock, par value $.01 per share Award $0 +39.2K +84.28% $0.00 85.6K Mar 15, 2024 Direct F1, F2
transaction IDT Class B Common Stock, par value $.01 per share Tax liability -$755K -20K -23.32% $37.83 65.6K Mar 15, 2024 Direct F3, F4
transaction IDT Class B Common Stock, par value $.01 per share Sale -$594K -15.6K -23.84% $37.95 50K Mar 19, 2024 Direct F5
holding IDT Class B Common Stock, $.01 par value per share 3.48K Mar 15, 2024 By 401(k) Plan F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted shares of Class B Common Stock ("Restricted Stock") that vests in full immediately upon grant.
F2 Consists of 55,455 fully vested shares of Restricted Stock and 30,158 fully vested shares of Class B Common Stock issued upon the vesting of deferred stock units ("DSUs").
F3 Represents shares withheld by the Issuer for tax purposes upon the vesting of Restricted Stock.
F4 Consists of 35,488 fully vested shares of Restricted Stock and 30,158 fully vested shares of Class B Common Stock issued upon the vesting of DSUs.
F5 Consists of 19,841 fully vested shares of Restricted Stock and 30,158 fully vested shares of Class B Common Stock issued upon the vesting of DSUs.
F6 As of February 29, 2024.