0001209191-22-060186.txt : 20221207 0001209191-22-060186.hdr.sgml : 20221207 20221207171225 ACCESSION NUMBER: 0001209191-22-060186 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221205 FILED AS OF DATE: 20221207 DATE AS OF CHANGE: 20221207 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SHEA NADINE CENTRAL INDEX KEY: 0001790176 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16371 FILM NUMBER: 221450835 MAIL ADDRESS: STREET 1: C/O IDT CORPORATION 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 2022-12-05 0 0001005731 IDT CORP IDT 0001790176 SHEA NADINE C/O IDT CORPORATION 520 BROAD STREET NEWARK NJ 07102 0 1 0 0 EVP of GLOBAL HUMAN RESOURCES Class B Common Stock, par value $.01 per share 7571 D Class B Common Stock, par value $.01 per share 2562 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 396 fully vested shares of Restricted Stock, and 7,175 shares of Class B Common Stock issued upon the vesting of deferred stock units ("DSUs"). 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, by Power of Attorney 2022-12-07