IDT CORP — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT)
CIK: 0001005731
Period of Report: 2020-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-31	Class B Common Stock, par value $.01 per share	S	5100	$12.3256	Disposed	16529	Indirect
2021-01-05	Class B Common Stock, par value $.01 per share	M	4219	$12.33	Acquired	37603	Direct
2021-01-05	Class B Common Stock, par value $.01 per share	F	1922	$12.33	Disposed	35681	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	11035	Indirect
Class B Common Stock, par value $.01 per share	4640	Indirect

Footnotes

F1: Of the 4,500 deferred stock units (DSUs) that were eligible to vest on January 5, 2021, the Reporting Person elected to vest 2,250 DSUs on January 5, 2021 and roll 2,250 DSUs to the next vesting date on January 5, 2022. Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B common stock in the period prior to the January 5, 2021 vesting date, each DSU that vested entitled the Reporting Person to receive 1.875 shares of Class B common stock.

F2: Consists of 11,982 fully vested shares of Restricted Stock, 5,048 fully vested shares of stock issued upon the conversion of DSUs, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 19,177 shares held by Ms. Mason directly.

F3: Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.

F4: Consists of 11,982 fully vested shares of Restricted Stock, 3,126 fully vested shares of stock issued upon the conversion of DSUs, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 19,177 shares held by the Reporting Person directly.

F5: As of December 31, 2020.