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IDT CORP — Director's Dealing 2024
Aug 8, 2024
31854_dirs_2024-08-08_878c119f-a06f-4bb1-9cb3-177f4dbbeab7.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: 2024-08-06
Reporting Person: ASH MENACHEM (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-06 | Class B Common Stock, par value $.01 per share | A | 259 | $34.705 | Acquired | 59597 | Direct |
| 2024-08-06 | Class B Common Stock, par value $.01 per share | F | 93 | $34.705 | Disposed | 59504 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common Stock, $.01 par value per share | 2870 | Indirect |
Footnotes
F1: Grant of shares of Class B common stock in exchange for 3,750 deferred stock units (DSUs) of Class B common stock of National Retail Solutions, Inc., a majority-owned subsidiary of the Issuer.
F2: Consists of 14,376 shares of Class B common stock issued upon the vesting of DSUs, 29,221 fully vested shares of Restricted Stock, and 16,000 unvested shares of Restricted Stock that will vest, and vest in full, only if the Class B common stock closes above $50 per share for 10 consecutive trading days prior to February 25, 2025.
F3: Represents shares withheld by the Issuer for tax purposes upon the grant of fully vested restricted shares of Restricted Stock.
F4: Consists of 14,376 shares of Class B common stock issued upon the vesting of DSUs, 29,128 fully vested shares of Restricted Stock, and 16,000 unvested shares of Restricted Stock that will vest, and vest in full, only if the Class B common stock closes above $50 per share for 10 consecutive trading days prior to February 25, 2025.
F5: As of July 31, 2024.