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