-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EFzIos0OkbeQWFBMZv/ynzbKSqKyjZ2sEdNsndWDAHHppWYIlQfUMvbeD74g/llH djI0/vApTS9tuJiq2xtM7A== 0000950146-97-000218.txt : 19970223 0000950146-97-000218.hdr.sgml : 19970223 ACCESSION NUMBER: 0000950146-97-000218 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970221 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IDT CORP CENTRAL INDEX KEY: 0001005731 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 223415036 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-48167 FILM NUMBER: 97540745 BUSINESS ADDRESS: STREET 1: 294 STATE ST CITY: HACKENSACK STATE: NJ ZIP: 07601 BUSINESS PHONE: 2019281000 MAIL ADDRESS: STREET 1: 294 STATE STREET CITY: HACKENSACK STATE: NJ ZIP: 07601 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SUDLER PETER D CENTRAL INDEX KEY: 0001034256 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: THE SUDLER COMPANIES STREET 2: 300 INTERSPACE PKWY MORRIS CORPORATE CTR CITY: PARSIPPANY STATE: NJ ZIP: 07954 BUSINESS PHONE: 2012570700 SC 13G 1 SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G (Rule 13d-102) Information statement pursuant to Rules 13d-1 and 13d-2 Under the Securities Exchange Act of 1934 (Amendment No. _____)* IDT Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 448947-10-1 - -------------------------------------------------------------------------------- (CUSIP Number) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 6
SCHEDULE 13G - ------------------------------------------------ ---------------------------------------------- CUSIP No. 448947-10-1 Page 2 of 6 Pages -------------------------------- --------------- ----------- - ------------------------------------------------ ---------------------------------------------- - --------- ----------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Peter D. Sudler - --------- ----------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - --------- ----------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - --------- ----------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - --------- ----------------------------------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 517,500 -------- ----------------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 931,500 (See Item 4(a) below) -------- ----------------------------------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 517,500 -------- ----------------------------------------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH 931,500 (See Item 4(a) below) - --------- ----------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,449,000 (See Item 4(a) below) - --------- ----------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - --------- ----------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.0% - --------- ----------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - --------- -----------------------------------------------------------------------------------------------------------
Schedule 13G Peter D. Sudler Item 1. (a) Name of Issuer: IDT Corporation (b) Address of Issuer's Principal Executive Offices: 294 State Street Hackensack, NJ 07601 Item 2. (a) Name of Person Filing: Peter D. Sudler (b) Address of Principal Business Officer or, if none, Residence: c/o The Sudler Companies 300 Interspace Parkway Morris Corpoarate Center 1 Parsippany, NJ 07954 (c) Citizenship: U.S.A. (d) Title of Class of Securities: Common Stock, par value $.01 per share (e) CUSIP Number: 448947-10-1 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is: Not applicable. 1 Item 4. Ownership. (a) Amount Beneficially Owned: 1,449,000 shares, as of December 31, 1996. The foregoing amount includes 310,500 shares held by the 1994 Trust for the benefit of Brian S. Sudler; 310,500 shares held by the 1994 Trust for the benefit of Daniel F. Sudler; and 310,500 shares held by the 1994 Trust for the benefit of Elizabeth J. Sudler (the foregoing trusts are referred to collectively as the "Trusts" and the foregoing shares are referred to collectively as the "Trust Shares"). The beneficiaries of the Trust are the children of Mr. Sudler; the trustees of such trusts are Mr. Sudler's wife, Eileen Sudler, and Bertram Marech, a business associate of Mr. Sudler. Mr. Sudler does not have voting or dispositive power with respect to the Trust Shares, and accordingly, Mr. Sudler disclaims beneficial ownership of the 931,500 Trust Shares. This Schedule 13G shall not be construed as an admission that Mr. Sudler is a beneficial owner of the Trust Shares. (b) Percent of Class: 7.0%, as of December 31, 1996. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 517,500 shares. (ii) shared power to vote or to direct the vote: 931,500 shares (the Trust Shares). Mr. Sudler disclaims beneficial ownership of the Trust Shares. (iii) sole power to dispose or to direct the disposition of: 517,500 shares. (iv) shared power to dispose or to direct the disposition of: 931,500 shares (the Trust Shares). Mr. Sudler disclaims beneficial ownership of the Trust Shares. Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable. 2 Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of the Group. Not applicable. Item 10. Certification. Not applicable. 3 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 12, 1997 /s/ Peter D. Sudler ---------------------- Peter D. Sudler 4 -----END PRIVACY-ENHANCED MESSAGE-----