-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Asb9IXFe2zzlYiRQ4VY0IeEza5kVBcVU7SvnZA6xS0SsYasXSzpiW5pwqlJPe8Fp zjB7Xj7/JkGUWrYiImSVTA== 0000940180-00-000116.txt : 20000215 0000940180-00-000116.hdr.sgml : 20000215 ACCESSION NUMBER: 0000940180-00-000116 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NET2PHONE INC CENTRAL INDEX KEY: 0001086472 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 223559037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-56655 FILM NUMBER: 537277 BUSINESS ADDRESS: STREET 1: 17 MAIN STREET CITY: HACKENSACK STATE: NJ ZIP: 07601 BUSINESS PHONE: 2019282990 MAIL ADDRESS: STREET 1: 17 MAIN STREET CITY: HACKENSACK STATE: NJ ZIP: 07601 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: IDT CORP CENTRAL INDEX KEY: 0001005731 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 223415036 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 190 MAIN ST CITY: HACKENSACK STATE: NJ ZIP: 07601 BUSINESS PHONE: 2019281000 MAIL ADDRESS: STREET 1: 294 STATE STREET CITY: HACKENSACK STATE: NJ ZIP: 07601 SC 13G 1 SCHEDULE 13 G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------- SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) and (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)/1/ Net2Phone, Inc. -------------------------------------------------------- (Name of Isser) Common Stock -------------------------------------------------------- (Title of Class of Securities) 64108N10 -------------------------------------------------------- (CUSIP Number) February 14, 2000 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) - ------------------------------ /1/The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 6 Pages CUSIP No. 64108N10 13G Page 2 of 6 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 24,904,250 NUMBER OF --------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY --------------------------------------------------- EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 24,904,250 --------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 24,904,250 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 48.3%/1/ - -------------------------------------------------------------------------------- - ----------------------- /1/All of the shares held by the Reporting person are Class A Common Stock of the Issuer ("Class A Common"). Each share of Class A Common is convertible -------------- into Common Stock on a one-for-one basis with no consideration being paid therefor. Each share of Class A Common has two votes per share and each share of common stock has one vote per share. Therefore, prior to conversion, the Reporting person has effective control of the Issuer through holding approximately 58.2% of the combined voting power of the Issuer's outstanding capital stock. CUSIP No. 64108N10 Page 3 of 6 Pages - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- CUSIP No. 64108N10 Page 4 of 6 Pages Item 1(a). Name of Issuer. - -------------------------- Net2Phone, Inc. Item 1(b). Address of Issuer's Principal Executive Offices. - ----------------------------------------------------------- 171 Main Street Hackensack, NJ 07601 Item 2(a). Name of Person Filing. - --------------------------------- IDT Corporation Item 2(b). Address of Principal Business Office or, if None, Residence. - ----------------------------------------------------------------------- 520 Broad Street Newark, NJ 07102 Item 2(c). Citizenship. - ----------------------- Delaware Item 2(d). Title of Class of Securities. - ---------------------------------------- Common Stock Item 2(e). CUSIP Number. - ------------------------ 64108N10 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or - ----------------------------------------------------------------------------- (c), Check Whether the Person Filing is a: NA - ----------------------------------------- (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act. (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E). (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F). (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G). (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act. (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act. (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. [ ] CUSIP No. 64108N10 Page 5 of 6 Pages Item 4. Ownership. - ------------------ (a) Amount Beneficially Owned: 24,904,250 (b) Percent of Class: 48.3%/1/ (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 24,904,250 (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: 24,904,250 (iv) shared power to dispose or to direct the disposition of: -0- Item 5. Ownership of Five Percent or Less of a Class. - ----------------------------------------------------- NA Item 6. Ownership of More than Five Percent on Behalf of Another Person. - ------------------------------------------------------------------------ NA Item 7. Identification and Classification of the Subsidiary Which Acquired the - ------------------------------------------------------------------------------- Security Being Reported on by the Parent Holding Company. - -------------------------------------------------------- NA Item 8. Identification and Classification of Members of the Group. - ------------------------------------------------------------------ The Reporting Person is a party to a Stockholders Agreement dated as of May 13, 1999 with certain other stockholders pursuant to which the shares of Class A Common owned by the Reporting Person and the shares of Common Stock and Class A Common owned by the other stockholders must be voted for certain nominees for election to the board of directors. Accordingly, the Reporting Person and the stockholders may be deemed to constitute a group for purposes of Section 13(d)(3) of the Exchange Act. The Reporting Person disclaims beneficial ownership of the shares of Common Stock and Class A Common held by the other stockholders and disclaims that it is part of a group with any other stockholders for purposes of Section 13(d)(3) of the Exchange Act. The transactions and number of shares reflected herein do not include those shares of Common Stock or Class A Common that are beneficially owned by the other stockholders and in which the Reporting Person has no pecuniary interest. Item 9. Notice of Dissolution of Group. - --------------------------------------- NA Item 10. Certifications. - ------------------------ NA - -------------------------- /1/All of the shares held by the Reporting person are Class A Common Stock of the Issuer ("Class A Common"). Each share of Class A Common is convertible -------------- into Common Stock on a one-for-one basis with no consideration being paid therefor. Each share of Class A Common has two votes per share and each share of common stock has one vote per share. Each share of Common Stock has one vote per share. Therefore, prior to conversion, the Reporting person has effective control of the Issuer through holding approximately 58.2% of the combined voting power of the Issuer's outstanding capital stock. CUSIP No. 64108N10 Page 6 of 6 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 10, 2000 IDT Corporation By: /s/ Joyce Mason ------------------------------------- Name: Title: Secretary -----END PRIVACY-ENHANCED MESSAGE-----