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IDT CORP — Director's Dealing 2016
Jun 9, 2016
31854_dirs_2016-06-09_49503bb8-7087-4169-945a-a74bb0c3994d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IDT CORP (IDT)
CIK: 0001005731
Period of Report: 2016-06-07
Reporting Person: MASON JOYCE J (EVP and Corporate Secretary)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-07 | Employee Stock Option (right to buy) | $18.50 | D | 5555 | Disposed | 2018-07-21 | Class B Common Stock (5555) | Direct |
| 2016-06-07 | Employee Stock Option (right to buy) | $16.24 | A | 5555 | Acquired | 2018-07-21 | Class B Common Stock (5555) | Direct |
| 2016-06-07 | Employee Stock Option (right to buy) | $16.18 | D | 10000 | Disposed | 2020-04-22 | Class B Common Stock (10000) | Direct |
| 2016-06-07 | Employee Stock Option (right to buy) | $13.93 | A | 10000 | Acquired | 2020-04-22 | Class B Common Stock (10000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common Stock, par value $0.1 per share | 28869 | Direct |
| Class B Common Stock, par value $0.1 per share | 3463 | Indirect |
| Class B Common Stock, par value $0.1 per share | 7225 | Indirect |
| Class B Common Stock, par value $0.1 per share | 2182 | Indirect |
Footnotes
F1: Consists of 20,500 shares of Restricted Stock, 13,000 of which are vested, 3,750 shares which vest on each of January 16, 2017 and July 16, 2018, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 6,973 shares held by Ms. Mason directly.
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 July 22, 2005 and is fully vested.
F4: 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.