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: 2012-01-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-17	Class B Common Stock	G	1100	$9.45	Acquired	3900	Indirect
2012-01-17	Class B Common Stock	G	1100	$9.45	Acquired	3500	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-26	Employee Stock Option (right to buy)	$14.92	D	6700	Disposed	2012-04-16	Class B Common Stock (6700)	Direct
2012-03-26	Employee Stock Option (right to buy)	$14.92	A	6700	Acquired	2015-04-16	Class B Common Stock (6700)	Direct
2012-03-26	Employee Stock Option (right to buy)	$21.83	D	5555	Disposed	2015-07-22	Class B Common Stock (5555)	Direct
2012-03-26	Employee Stock Option (right to buy)	$21.83	A	5555	Acquired	2018-07-22	Class B Common Stock (5555)	Direct
2012-03-26	Employee Stock Option (right to buy)	$19.10	D	10000	Disposed	2017-04-23	Class B Common Stock (10000)	Direct
2012-03-26	Employee Stock Option (right to buy)	$19.10	A	10000	Acquired	2020-04-23	Class B Common Stock (10000)	Direct
2012-03-26	Employee Stock Option (right to buy)	$20.33	A	5000	Acquired	2015-03-26	Class B Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	1725	Indirect
Class B Common Stock	2182	Indirect
Class B Common Stock	25852	Direct

Footnotes

F1: As of February 29, 2012.

F2: Consists of 14,584 shares of Restricted Stock, 7,918 shares of which are vested, 1,396 shares of stock purchased through the Issuer's Employee Stock Purchase Program and 9,872 shares held by Ms. Mason directly.

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 5, 2001 and is fully vested.

F4: 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.

F5: 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.