IDT CORP — Director's Dealing 2016

Jun 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT)
CIK: 0001005731
Period of Report: 2016-06-07

Reporting Person: DAVIDSON ANTHONY S (SVP - Technology)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-07	Employee Stock Option (right to buy)	$16.18	D	8372	Disposed	2020-04-22	Class B Common Stock (8372)	Direct
2016-06-07	Employee Stock Option (right to buy)	$13.93	A	8372	Acquired	2020-04-22	Class B Common Stock (8372)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	11317	Direct
Class B Common Stock, par value $.01 per share	2601	Indirect

Footnotes

F1: Consists of 3,817 vested shares of Class B Common Stock and 7,5000 unvested restricted shares of Class B Common Stock that vests as follows: 3,750 shares on each of January 16, 2017 and July 16, 2018.

F2: As of May 31, 2016.

F3: The two reported transactions involved an amendment of the exercise price of an outstanding option in connection with the spinoff of Zedge, Inc., 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.