Howard S. Jonas - 28 Apr 2022 Form 4 Insider Report for IDT CORP (IDT)

Role
Director
Signature
Joyce J. Mason, by Power of Attorney
Issuer symbol
IDT
Transactions as of
28 Apr 2022
Net transactions value
-$2,250,496
Form type
4
Filing time
02 May 2022, 16:07:41 UTC
Previous filing
25 Apr 2022
Next filing
05 Apr 2023
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 Options Exercise $6,522,185 +436,851 +183% $14.93 676,077 28 Apr 2022 Direct
transaction IDT Class B Common Stock, par value $.01 per share Tax liability $8,772,681 -317,276 -47% $27.65 358,801 28 Apr 2022 Direct F1
holding IDT Class B Common Stock, par value $.01 per share 2,074,802 28 Apr 2022 By The HSJ 2020 IDT Annuity Trust
holding IDT Class B Common Stock, par value $.01 per share 342,779 28 Apr 2022 By Chartwell Holding LLC
holding IDT Class B Common Stock, par value $.01 per share 197,641 28 Apr 2022 By The Jonas Foundation
holding IDT Class B Common Stock, par value $.01 per share 1,556 28 Apr 2022 Custodial for Daughter (Miriam)
holding IDT Class B Common Stock, par value $.01 per share 3,895 28 Apr 2022 By 401(k) Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IDT Employee Stock Option (Right to Buy) Options Exercise $0 -436,851 -100% $0.000000* 0 28 Apr 2022 Class B Common Stock 436,851 $14.93 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 235,884 shares were withheld by the Issuer to pay the exercise price and 81,392 shares were withheld by the Issuer to pay certain of the tax withholding obligation that arose upon the Reporting Person's exercise of the option to purchase shares of Class B Common Stock described in Table II of this Form 4.
F2 As of April 30, 2022.