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

Role
EVP and Corporate Secretary
Signature
Joyce J. Mason
Stock symbol
IDT
Transactions as of
Nov 10, 2021
Transactions value $
$259,305
Form type
4
Date filed
1/7/2022, 12:07 PM
Previous filing
Jul 20, 2021
Next filing
Dec 7, 2022

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 +1.57% $0.00 32.6K Nov 10, 2021 Direct
transaction IDT Class B Common Stock, par value $.01 per share Options Exercise $470K +10.5K +32.22% $44.79 43.1K Jan 5, 2022 Direct F1, F2
transaction IDT Class B Common Stock, par value $.01 per share Tax liability -$211K -4.71K -10.93% $44.79 38.4K Jan 5, 2022 Direct F3, F4
transaction IDT Class B Common Stock, par value $.01 per share Gift $0 +505 +5.05% $0.00 10.5K Nov 10, 2021 By Self for Husband
transaction IDT Class B Common Stock, par value $.01 per share Gift $0 +505 +3.06% $0.00 17K Nov 10, 2021 By Self for Son
holding IDT Class B Common Stock, par value $.01 per share 4.48K Nov 10, 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.