4//SEC Filing
SILBERMAN MITCH 4
Accession 0000950170-25-041799
CIK 0001005731other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 10:40 AM ET
Size
7.9 KB
Accession
0000950170-25-041799
Insider Transaction Report
Form 4
IDT CORPIDT
SILBERMAN MITCH
CAO & Controller
Transactions
- Award
Deferred Stock Units
2025-03-17+261→ 261 totalExp: 2027-10-15→ Class B Common Stock (261 underlying)
Holdings
- 4,547
Class B Common Stock, par value $.01 per share
- 68(indirect: By 401(k))
Class B Common Stock, par value $.01 per share
Footnotes (3)
- [F1]Consists of 3,375 shares of Class B common stock issued upon the vesting of DSUs and 1,172 shares of Restricted Stock that will vest, and vest in full, only if the Class B common stock closes at or above $72.50 per share for either the average of ten (10) trading days or the ten (10) consecutive trading days prior to October 15, 2027.
- [F2]As of February 28, 2025.
- [F3]Represents a grant of 261 deferred stock units ("DSUs"). Each DSU is the right to receive between 1/2 of a share and 2 shares of the Issuer's Class B common stock. Vesting is in thirds on each of October 15, 2025, 2026 and 2027. The number of shares that will actually vest for each DSU depends on the market price for the Class B common stock as of the relevant vesting date. 1/2 of a share will be issued for each DSU if the market price on the vesting date is less than $19.20 (50% of the grant date value of a share of Class B common stock) and 2 shares will be issued for each DSU if the market price on the vesting date is $76.80 (200% of the grant date value) or greater, with a proportionate amount to vest based on thresholds of 62.5%, 75%, 87.5%, 100%, 112.5%, 125%, 137.5%, 150%, 162.5%, 175% and 187.5% of the grant date value. Upon vesting in full, the Reporting Person will be entitled to receive between 131 and 522 shares of Class B common stock.
Documents
Issuer
IDT CORP
CIK 0001005731
Entity typeother
Related Parties
1- filerCIK 0001365233
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 10:40 AM ET
- Size
- 7.9 KB