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