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