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IDT CORP — Director's Dealing 2022
Jan 7, 2022
31854_dirs_2022-01-07_c29e8c3b-67af-48aa-9059-ecd8bd0d874a.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: WARTELL DAVID (CHIEF TECHNOLOGY 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 | M | 12000 | $44.785 | Acquired | 12000 | Direct |
| 2022-01-05 | Class B Common Stock, par value $.01 per share | F | 3073 | $44.785 | Disposed | 8927 | Direct |
Footnotes
F1: Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B Common Stock prior to the January 5, 2022 vesting date, each DSU that vested entitled the Reporting Person to receive 2 shares of Class B Common Stock.
F2: Consists of 12,000 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.
F3: Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.
F4: Consists of 8,927 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.