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: PEREIRA BILL (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-26	Employee Stock Option (right to buy)	$19.10	D	10222	Disposed	2017-04-23	Class B Common Stock (10222)	Direct
2012-03-26	Employee Stock Option (right to buy)	$19.10	A	10222	Acquired	2020-04-23	Class B Common Stock (10222)	Direct
2012-03-26	Employee Stock Option (right to buy)	$12.67	D	7750	Disposed	2012-11-21	Class B Common Stock (7750)	Direct
2012-03-26	Employee Stock Option (right to buy)	$12.67	A	7750	Acquired	2024-11-21	Class B Common Stock (7750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	1139	Indirect
Class B Common Stock, par value $.01 per share	73263	Direct

Footnotes

F1: As of February 29, 2012.

F2: Consists of 72,597 shares of Restricted Stock, 11,597 shares of which are vested, and 666 shares of stock purchased under the Employee Stock Purchase Plan.

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.

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 October 28, 2011 and 8,334 of which will vest on each of November 22, 2012, November 22, 2013 and November 22, 2014.