0001209191-20-002588.txt : 20200108 0001209191-20-002588.hdr.sgml : 20200108 20200108174536 ACCESSION NUMBER: 0001209191-20-002588 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200106 FILED AS OF DATE: 20200108 DATE AS OF CHANGE: 20200108 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FISCHER MARCELO CENTRAL INDEX KEY: 0001228166 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16371 FILM NUMBER: 20516610 MAIL ADDRESS: STREET 1: IDT CORP 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 2020-01-06 0 0001005731 IDT CORP IDT 0001228166 FISCHER MARCELO C/O IDT CORPORATION 520 BROAD STREET NEWARK NJ 07102 0 1 0 0 Chief Financial Officer Class B Common Stock, par value $.01 per share 2020-01-06 4 M 0 4167 A 19844 D Class B Common Stock, par value $.01 per share 2020-01-06 4 F 0 1746 7.12 D 18098 D Class B Common Stock, par value $.01 per share 3570 I By 401(k) Plan Deferred Stock Units 2020-01-06 4 M 0 4167 D 2020-01-06 2022-01-05 Class B Common Stock 4167 20833 D Of the 8,334 deferred stock units ("DSUs") that were eligible to vest on January 6, 2020, the Reporting Person elected to vest 4,167 DSUs on January 6, 2020 and roll 4,167 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 15,677 fully vested shares of Restricted Stock and 4,167 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 15,677 fully vested shares of Restricted Stock and 2,421 fully vested shares of Class B Common Stock issued upon the conversion of DSUs. As of December 31, 2019. Joyce J. Mason, by Power of Attorney 2020-01-08