0001209191-19-052254.txt : 20191003
0001209191-19-052254.hdr.sgml : 20191003
20191003163937
ACCESSION NUMBER: 0001209191-19-052254
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190925
FILED AS OF DATE: 20191003
DATE AS OF CHANGE: 20191003
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SHEA NADINE
CENTRAL INDEX KEY: 0001790176
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16371
FILM NUMBER: 191136205
MAIL ADDRESS:
STREET 1: C/O IDT CORPORATION
STREET 2: 520 BROAD STREET
CITY: NEWARK
STATE: NJ
ZIP: 07102
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: IDT CORP
CENTRAL INDEX KEY: 0001005731
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 223415036
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0731
BUSINESS ADDRESS:
STREET 1: 520 BROAD ST
CITY: NEWARK
STATE: NJ
ZIP: 07102
BUSINESS PHONE: 973 438 1000
MAIL ADDRESS:
STREET 1: 520 BROAD STREET
CITY: NEWARK
STATE: NJ
ZIP: 07102
3
1
doc3.xml
FORM 3 SUBMISSION
X0206
3
2019-09-25
0
0001005731
IDT CORP
IDT
0001790176
SHEA NADINE
C/O IDT CORPORATION
520 BROAD STREET
NEWARK
NJ
07102
0
1
0
0
EVP of GLOBAL HUMAN RESOURCES
Class B Common Stock, par value $.01 per share
1476
D
Class B Common Stock, par value $.01 per share
2534
I
By 401(k) Plan
Deferred Stock Units
0.00
2022-01-05
Class B Common Stock
7500
D
As of September 30, 2019.
Represents a grant of 7,500 deferred stock units ("DSUs"). Each DSU is the right to receive between 1/2 of a share and 2 shares of the Issuer's Class B common stock. Vesting is in thirds in January 2020, 2021 and 2022. The number of shares that will actually vest for each DSU depends on the market price for the Class B common stock as of the relevant vesting date. 1/2 of a share will be issued for each DSU if the market price on the vesting date is less than $3.255 (50% of the grant date value of a share of Class B common stock) and 2 shares will be issued for each DSU if the market price on the vesting date is $13.02 (200% of the grant date value) or greater, with a proportionate amount to vest based on thresholds of 50%, 62.5%, 75%, 87.5%, 100%, 112.5%, 125%, 137.5, 150%, 162.5%, 175%, 187.5% and 200% of the grant date value. Upon vesting in full, the Reporting Person will be entitled to receive between 3,750 and 15,000 shares of Class B common stock.
Joyce J. Mason, by Power of Attorney
2019-10-03