IDT CORP — Director's Dealing 2022

Apr 26, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDT CORP (IDT)
CIK: 0001005731
Period of Report: 2022-04-21

Reporting Person: JONAS HOWARD S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-21	Class B Common Stock, par value $.01 per share	S	42896	$30.6311	Disposed	2084849	Indirect
2022-04-22	Class B Common Stock, par value $.01 per share	S	10047	$29.2202	Disposed	2074802	Indirect
2022-04-25	Class B Common Stock, par value $.01 per share	M	563149	$14.93	Acquired	587949	Direct
2022-04-25	Class B Common Stock, par value $.01 per share	F	348723	$28.72	Disposed	239226	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-25	Employee Stock Option (Right to Buy)	$14.93	M	563149	Disposed	2022-05-01	Class B Common Stock (563149)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock, par value $.01 per share	342779	Indirect
Class B Common Stock, par value $.01 per share	197641	Indirect
Class B Common Stock, par value $.01 per share	1556	Indirect
Class B Common Stock, par value $.01 per share	3842	Indirect

Footnotes

F1: The proceeds of this sale were loaned by the Seller (The HSJ 2020 IDT Annuity Trust) to the Reporting Person and utilized by the Reporting Person to pay certain of the tax withholding obligation that arose upon the Reporting Person's exercise of the option to purchase shares of Class B Common Stock described in Table II of this Form 4.

F2: 292,751 shares were withheld by the Issuer to pay the exercise price and 55,972 shares were withheld by the Issuer to pay certain of the tax withholding obligation that arose upon the Reporting Person's exercise of the option to purchase shares of Class B Common Stock described in Table II of this Form 4.

F3: As of March 31, 2022.