0001209191-21-000965.txt : 20210105 0001209191-21-000965.hdr.sgml : 20210105 20210105161028 ACCESSION NUMBER: 0001209191-21-000965 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210105 FILED AS OF DATE: 20210105 DATE AS OF CHANGE: 20210105 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ASH MENACHEM CENTRAL INDEX KEY: 0001560958 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16371 FILM NUMBER: 21505525 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 2021-01-05 0 0001005731 IDT CORP IDT 0001560958 ASH MENACHEM C/O IDT CORPORATION 520 BROAD STREET NEWARK NJ 07102 0 1 0 0 EVP of Strategic&Legal Affairs Class B Common Stock, par value $.01 per share 2021-01-05 4 M 0 9375 12.33 A 45707 D Class B Common Stock, par value $.01 per share 2021-01-05 4 F 0 3828 12.33 D 41879 D Class B Common Stock, par value $.01 per share 2886 I By 401(k) Plan Of the 5,000 deferred stock units (DSUs) that were eligible to vest on January 5, 2021, the Reporting Person elected to vest all 5,000 DSUs on January 5, 2021 and did not roll any DSUs to the next vesting date on January 5, 2022. Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B common stock in the period prior to the January 5, 2021 vesting date, each DSU that vested entitled the Reporting Person to receive 1.875 shares of Class B common stock. Consists of 16,332 fully vested shares of Restricted Stock, 9,375 fully vested shares of Class B Common Stock issued upon the conversion of DSUs, and 20,000 shares of Restricted Stock that vest in full on January 5, 2022, only if the closing price of the Registrant's Class B Common Stock on the trading day prior to vest is $13.00 or higher. Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs. Consists of 16,332 fully vested shares of Restricted Stock, 5,547 fully vested shares of Class B Common Stock issued upon the conversion of DSUs, and 20,000 shares of Restricted Stock that vest in full on January 5, 2022, only if the closing price of the Registrant's Class B Common Stock on the trading day prior to vest is $13.00 or higher. As of December 31, 2020. Joyce J. Mason, by Power of Attorney 2021-01-05