IDT CORP — Director's Dealing 2011

Jun 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT)
CIK: 0001005731
Period of Report: 2011-06-20

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
2011-06-20	Class B Common Stock	D	302000	$24.83	Disposed	2082100	Direct
2011-06-21	Class B Common Stock	J	6523	—	Disposed	0	Indirect
2011-06-21	Class B Common Stock	J	6523	—	Acquired	2088623	Direct
2011-06-21	Class A Common Stock	J	6523	—	Disposed	0	Indirect
2011-06-21	Class A Common Stock	J	6523	—	Acquired	1476229	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	633563	Indirect
Class B Common Stock	275047	Indirect
Class B Common Stock	1455	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	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 May 31, 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 sold this Class B Common Stock to the Company.

F5: The Reporting Person transferred these shares from the Jonas Family Limited Partnership, of which the Reporting Person is the sole general partner and of which the Reporting Person and his wife are the sole limited partners, to his own direct holdings.