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