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IDT CORP — Director's Dealing 2022
Jan 7, 2022
31854_dirs_2022-01-07_a3431313-a582-4697-a6e5-d96f0318b264.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: 2022-01-05
Reporting Person: JONAS SAMUEL (Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-05 | Class B Common Stock, par value $.01 per share | F | 83539 | $44.785 | Disposed | 170421 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common Stock, par value $.01 per share | 1556 | Indirect |
Footnotes
F1: Represents shares withheld by the Issuer for tax purposes upon the vesting of 170,000 shares of Restricted Stock, which was precipitated by the closing price of the Issuer's Class B Common Stock on the trading day prior to grant being $13.00 or higher. All 170,000 shares of Restricted Stock vested in full on January 5, 2022, since the closing price of the Issuer's Class B Common Stock on the trading day prior to vest (January 4, 2022) was $13.00 or higher.
F2: Consists of 168,865 fully vested shares of Restricted Stock and 1,556 shares of Class B Common Stock held directly.