0001209191-20-002594.txt : 20200108
0001209191-20-002594.hdr.sgml : 20200108
20200108175213
ACCESSION NUMBER: 0001209191-20-002594
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: MASON JOYCE J
CENTRAL INDEX KEY: 0001228153
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16371
FILM NUMBER: 20516626
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
0001228153
MASON JOYCE J
C/O IDT CORPORATION
520 BROAD STREET
NEWARK
NJ
07102
0
1
0
0
EVP and Corporate Secretary
Class B Common Stock, par value $.01 per share
2020-01-06
4
M
0
1500
A
31086
D
Class B Common Stock, par value $.01 per share
2020-01-06
4
F
0
671
7.12
D
30415
D
Class B Common Stock, par value $.01 per share
9647
I
By Self for Husband
Class B Common Stock, par value $.01 per share
4703
I
By 401(k) Plan
Deferred Stock Units
2020-01-06
4
M
0
1500
D
2020-01-06
2022-01-05
Class B Common Stock
1500
7500
D
Of the 3,000 deferred stock units ("DSUs") that were eligible to vest on January 6, 2020, the Reporting Person elected to vest 1,500 DSUs on January 6, 2020 and roll 1,500 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 she 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 13,752 fully vested shares of Restricted Stock, 1,500 fully vested shares of stock issued upon the conversion of DSUs, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 14,438 shares held by Ms. Mason directly.
Represents shares withheld by the Issuer for tax purposes upon vesting of DSUs.
Consists of 13,752 fully vested shares of Restricted Stock, 829 fully vested shares of stock issued upon the conversion of DSUs, 1,396 shares purchased through the Issuer's Employee Stock Purchase Program and 14,438 shares held by Ms. Mason directly.
As of December 31, 2019.
Joyce J. Mason
2020-01-08