IDT CORP — Director's Dealing 2011

Dec 29, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT)
CIK: 0001005731
Period of Report: 2011-12-27

Reporting Person: JONAS HOWARD S (Director, CEO and Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-27	Class B Common Stock	G	28594	—	Disposed	2060029	Direct
2011-12-27	Class B Common Stock	G	28594	—	Acquired	303641	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	600033	Indirect
Class B Common Stock	1551	Indirect
Class B Common Stock	121090	Indirect
Class B Common Stock	121090	Indirect
Class B Common Stock	121090	Indirect
Class B Common Stock	121090	Indirect
Class B Common Stock	121090	Indirect
Class B Common Stock	121090	Indirect
Class B Common Stock	121090	Indirect
Class B Common Stock	121090	Indirect
Class B Common Stock	76369	Indirect
Class B Common Stock	1556	Indirect
Class B Common Stock	1556	Indirect
Class B Common Stock	1556	Indirect
Class B Common Stock	1556	Indirect
Class B Common Stock	1556	Indirect
Class A Common Stock	1476229	Direct
Class A Common Stock	98097	Indirect
Class B Common Stock	388716	Indirect
Class B Common Stock	1309284	Indirect

Footnotes

F1: Includes a grant of 1,176,427 restricted shares of Class B Common Stock that vests as follows: 568,181 shares on January 15, 2012 and 608,246 shares on December 31, 2013, as well as a grant of 883,333 restricted shares, which were converted from Common Stock to Class B Common Stock on April 2, 2011, all of which vest on December 31, 2013.

F2: As of November 30, 2011.

F3: These shares are held in trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is the trustee of the trust. Mr. Jonas does not exercise or share investment control of these shares.

F4: The Reporting Person gifted these shares to The Jonas Foundation.