0001209191-20-002584.txt : 20200108
0001209191-20-002584.hdr.sgml : 20200108
20200108174333
ACCESSION NUMBER: 0001209191-20-002584
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191218
FILED AS OF DATE: 20200108
DATE AS OF CHANGE: 20200108
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SILBERMAN MITCH
CENTRAL INDEX KEY: 0001365233
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16371
FILM NUMBER: 20516603
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-12-18
0
0001005731
IDT CORP
IDT
0001365233
SILBERMAN MITCH
C/O IDT CORPORATION
520 BROAD STREET
NEWARK
NJ
07102
0
1
0
0
CAO & Controller
Class B Common Stock, par value $.01 per share
2019-12-18
4
S
0
345
7.226
D
0
I
By 401(k) Plan
Class B Common Stock, par value $.01 per share
2020-01-06
4
M
0
1667
A
1667
D
Class B Common Stock, par value $.01 per share
2020-01-06
4
F
0
597
7.12
D
1070
D
Deferred Stock Units
2020-01-06
4
M
0
1667
D
2020-01-06
2022-01-05
Class B Common Stock
1667
3333
D
Of the 1,667 deferred stock units ("DSUs") that were eligible to vest on January 6, 2020, the Reporting Person elected to vest all such DSUs on January 6, 2020 and not roll any such DSUs to the next vesting date on January 5, 2021. The Reporting Person received one share of Class B Common Stock for each DSU that he elected to vest (100%) because the market price for the Company's Class B common stock on the vesting date was $7.12, which exceeded the grant date fair market value of $6.51 and was less than the next threshold of $7.32, which would have vested 112.5% of the DSUs instead of 100%.
Consists of 1,667 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.
Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.
Consists of 1,070 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.
Joyce J. Mason, by Power of Attorney
2020-01-08