0001209191-22-060184.txt : 20221207
0001209191-22-060184.hdr.sgml : 20221207
20221207171112
ACCESSION NUMBER: 0001209191-22-060184
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220816
FILED AS OF DATE: 20221207
DATE AS OF CHANGE: 20221207
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MASON JOYCE J
CENTRAL INDEX KEY: 0001228153
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16371
FILM NUMBER: 221450824
MAIL ADDRESS:
STREET 1: IDT CORP
STREET 2: 520 BROAD STREET
CITY: NEWARK
STATE: NJ
ZIP: 07102
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: IDT CORP
CENTRAL INDEX KEY: 0001005731
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 223415036
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0731
BUSINESS ADDRESS:
STREET 1: 520 BROAD ST
CITY: NEWARK
STATE: NJ
ZIP: 07102
BUSINESS PHONE: 973 438 1000
MAIL ADDRESS:
STREET 1: 520 BROAD STREET
CITY: NEWARK
STATE: NJ
ZIP: 07102
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-08-16
0
0001005731
IDT CORP
IDT
0001228153
MASON JOYCE J
C/O IDT CORPORATION
520 BROAD STREET
NEWARK
NJ
07102
0
1
0
0
EVP and Corporate Secretary
Class B Common Stock, par value $.01 per share
2022-08-16
5
G
0
E
1150
0.00
A
39526
D
Class B Common Stock, par value $.01 per share
2022-08-16
5
G
0
E
1150
0.00
A
11655
I
By Self for Husband
Class B Common Stock, par value $.01 per share
2022-08-16
5
G
0
E
1150
0.00
A
18184
I
By Self for Son
Class B Common Stock, par value $.01 per share
4593
I
By 401(k) Plan
Deferred Stock Units
2022-12-05
4
A
0
3600
0.00
A
Class B Common Stock
3600
3600
D
Consists of 10,482 fully vested shares of Restricted Stock, 8,916 shares of stock issued upon the vesting of DSUs, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 18,732 shares held by the Reporting Person directly.
As of November 30, 2022.
Represents grant of 3,600 DSUs vesting ratably on 5/17/2023, 2/21/2024 and 2/25/2025, with the recipient having the option on 5/17/2023 and 2/21/2024 to defer vesting to the next scheduled vesting. The number of shares of Class B common stock that will be issued depends on the Market Price on the applicable vesting date as compared to the Grant Price of the DSUs ($25.41), with no less than 0.5 shares (Market Price less than $12.705) and no more than 2 shares (Market Price greater than $50.82), in 12.5% increments, to be issued for each DSU vested. Upon vesting of all of the DSUs, between 1,800 and 7,200 shares of Class B common stock will have been issued. "Market Price" for each vesting date will be the greater of (i)the closing price for the Class B common stock on the trading date immediately prior to such vesting date, and (ii) the average of the closing prices of the Class B common stock for the 20 trading days ending with the trading day immediately prior to such vesting date.
Joyce J. Mason
2022-12-07