IDT CORP — Director's Dealing 2008

Jun 19, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT,IDT.C)
CIK: 0001005731
Period of Report: 2008-06-17

Reporting Person: MELLOR JAMES R (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-17	Class B Common Stock	$13.125	A	20000	Acquired	2013-07-27	Class B Common Stock (20000)	Direct
2008-06-17	Class B Common Stock	$7.59	A	20000	Acquired	2013-12-14	Class B Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	16875	Direct

Footnotes

F1: Consists of fully vested shares of Restricted Stock.

F2: Previously granted to the Reporting Person on July 28, 1998. On June 17, 2008, the expiration date to exercise such Stock Options was extended from July 27, 2008 to July 27, 2013.

F3: Previously granted to the Reporting Person on December 15, 1998. On June 17, 2008, the expiration date to exercise such Stock Options was extended from December 14, 2008 to December 14, 2013.