IDT CORP — Director's Dealing 2012

Mar 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT)
CIK: 0001005731
Period of Report: 2012-03-26

Reporting Person: FISCHER MARCELO (Senior Vice President-Finance)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-26	Employee Stock Option (right to buy)	$21.83	D	8333	Disposed	2015-07-22	Class B Common Stock (8333)	Direct
2012-03-26	Employee Stock Option (right to buy)	$21.83	A	8333	Acquired	2018-07-21	Class B Common Stock (8333)	Direct
2012-03-26	Employee Stock Option (right to buy)	$19.10	D	22222	Disposed	2017-04-23	Class B Common Stock (22222)	Direct
2012-03-26	Employee Stock Option (right to buy)	$19.10	A	22222	Acquired	2020-04-23	Class B Common Stock (22222)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	1139	Indirect

Footnotes

F1: As of February 29, 2012.

F2: The two reported transactions involved an amendment of an outstanding option to extend the expiration date, resulting in the deemed cancellation of the "old" option, and the grant of a replacement option. The option was originally granted on July 22, 2005 and is fully vested.

F3: The two reported transactions involved an amendment of an outstanding option to extend the expiration date, resulting in the deemed cancellation of the "old" option, and the grant of a replacement option. The option was originally granted on April 23, 2007 and is fully vested.