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

Role
COO & President, Director
Signature
Joyce J. Mason, by Power of Attorney
Issuer symbol
IDT
Transactions as of
15 Mar 2024
Net transactions value
-$1,349,012
Form type
4
Filing time
19 Mar 2024, 17:09:19 UTC
Previous filing
16 Jan 2024
Next filing
18 Oct 2024
SEC
View on sec.gov

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 +39,155 +84% $0.000000 85,613 15 Mar 2024 Direct F1, F2
transaction IDT Class B Common Stock, par value $.01 per share Tax liability $755,252 -19,967 -23% $37.82 65,646 15 Mar 2024 Direct F3, F4
transaction IDT Class B Common Stock, par value $.01 per share Sale $593,760 -15,647 -24% $37.95 49,999 19 Mar 2024 Direct F5
holding IDT Class B Common Stock, $.01 par value per share 3,480 15 Mar 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.