Joyce J. Mason - 10 Nov 2021 Form 4 Insider Report for IDT CORP (IDT)

Role
EVP and Corporate Secretary
Signature
Joyce J. Mason
Issuer symbol
IDT
Transactions as of
10 Nov 2021
Net transactions value
+$259,305
Form type
4
Filing time
07 Jan 2022, 12:07:59 UTC
Previous filing
20 Jul 2021
Next filing
07 Dec 2022
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 Gift $0 +505 +1.6% $0.000000 32,586 10 Nov 2021 Direct
transaction IDT Class B Common Stock, par value $.01 per share Options Exercise $470,242 +10,500 +32% $44.78 43,086 05 Jan 2022 Direct F1, F2
transaction IDT Class B Common Stock, par value $.01 per share Tax liability $210,937 -4,710 -11% $44.78 38,376 05 Jan 2022 Direct F3, F4
transaction IDT Class B Common Stock, par value $.01 per share Gift $0 +505 +5% $0.000000 10,505 10 Nov 2021 By Self for Husband
transaction IDT Class B Common Stock, par value $.01 per share Gift $0 +505 +3.1% $0.000000 17,034 10 Nov 2021 By Self for Son
holding IDT Class B Common Stock, par value $.01 per share 4,480 10 Nov 2021 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 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.
F2 Consists of 10,482 fully vested shares of Restricted Stock, 13,626 fully vested shares of stock issued upon the conversion of DSUs, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 17,582 shares held by the Reporting Person directly.
F3 Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.
F4 Consists of 10,482 fully vested shares of Restricted Stock, 8,916 fully vested shares of stock issued upon the conversion of DSUs, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 17,582 shares held by the Reporting Person directly.
F5 As of December 31, 2021.