IDT CORP — Director's Dealing 2010

Jul 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT,IDT.C)
CIK: 0001005731
Period of Report: 2010-07-14

Reporting Person: MASON JOYCE J (EVP and Corporate Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-14	Class B Common Stock	M	2000	$6.5625	Acquired	18090	Direct
2010-07-14	Class B Common Stock	S	2000	$16.046	Disposed	16090	Direct
2010-07-15	Class B Common Stock	M	1666	$6.5625	Acquired	17756	Direct
2010-07-15	Class B Common Stock	S	1666	$15.6916	Disposed	16090	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-14	Employee Stock Option (right to buy)	$6.5625	M	2000	Disposed	2013-04-15	Class B Common Stock (2000)	Direct
2010-07-15	Employee Stock Option (right to buy)	$6.5625	M	1666	Disposed	2013-04-15	Class B Common Stock (1666)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	1586	Indirect
Common Stock	3459	Direct
Common Stock	460	Indirect
Common Stock	460	Indirect
Common Stock	626	Indirect
Class B Common Stock	1906	Indirect
Class B Common Stock	1431	Indirect
Class B Common Stock	1556	Indirect

Footnotes

F1: As of June 30, 2010.

F2: Consists of 8,281 shares of Restricted Stock, all of which are vested, 1,396 shares of stock purchased through the Issuer's Employee Stock Purchase Program and 8,413 shares held by Ms. Mason directly.

F3: Consists of 8,281 shares of Restricted Stock, all of which are vested, 1,396 shares of stock purchased through the Issuer's Employee Stock Purchase Program and 6,413 shares held by Ms. Mason directly.

F4: Consists of 8,281 shares of Restricted Stock, all of which are vested, 1,396 shares of stock purchased through the Issuer's Employee Stock Purchase Program and 8,079 shares held by Ms. Mason directly.

F5: This option vested in three equal installments on April 16, 1998, 1999 and 2000.