Menachem Ash - Aug 6, 2024 Form 4 Insider Report for IDT CORP (IDT)

Signature
Joyce J. Mason, by Power of Attorney
Stock symbol
IDT
Transactions as of
Aug 6, 2024
Transactions value $
$5,761
Form type
4
Date filed
8/8/2024, 09:38 AM
Previous filing
Feb 23, 2024
Next filing
Oct 22, 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 $8.99K +259 +0.44% $34.71 59.6K Aug 6, 2024 Direct F1, F2
transaction IDT Class B Common Stock, par value $.01 per share Tax liability -$3.23K -93 -0.16% $34.71 59.5K Aug 6, 2024 Direct F3, F4
holding IDT Class B Common Stock, $.01 par value per share 2.87K Aug 6, 2024 By 401(k) Plan F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of shares of Class B common stock in exchange for 3,750 deferred stock units (DSUs) of Class B common stock of National Retail Solutions, Inc., a majority-owned subsidiary of the Issuer.
F2 Consists of 14,376 shares of Class B common stock issued upon the vesting of DSUs, 29,221 fully vested shares of Restricted Stock, and 16,000 unvested shares of Restricted Stock that will vest, and vest in full, only if the Class B common stock closes above $50 per share for 10 consecutive trading days prior to February 25, 2025.
F3 Represents shares withheld by the Issuer for tax purposes upon the grant of fully vested restricted shares of Restricted Stock.
F4 Consists of 14,376 shares of Class B common stock issued upon the vesting of DSUs, 29,128 fully vested shares of Restricted Stock, and 16,000 unvested shares of Restricted Stock that will vest, and vest in full, only if the Class B common stock closes above $50 per share for 10 consecutive trading days prior to February 25, 2025.
F5 As of July 31, 2024.