4//SEC Filing
SHEA NADINE 4
Accession 0001209191-20-002592
CIK 0001005731other
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 5:50 PM ET
Size
10.3 KB
Accession
0001209191-20-002592
Insider Transaction Report
Form 4
IDT CORPIDT
SHEA NADINE
EVP of GLOBAL HUMAN RESOURCES
Transactions
- Exercise/Conversion
Class B Common Stock, par value $.01 per share
2020-01-06+2,500→ 3,976 total - Tax Payment
Class B Common Stock, par value $.01 per share
2020-01-06$7.12/sh−908$6,465→ 3,068 total - Exercise/Conversion
Deferred Stock Units
2020-01-06−2,500→ 5,000 totalFrom: 2020-01-06Exp: 2022-01-05→ Class B Common Stock (2,500 underlying)
Holdings
- 2,591(indirect: By 401(k))
Class B Common Stock, par value $.01 per share
Footnotes (5)
- [F1]Of the 2,500 deferred stock units ("DSUs") that were eligible to vest on January 6, 2020, the Reporting Person elected to vest all such DSUs on January 6, 2020 and not roll any 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%.
- [F2]Consists of 1,476 fully vested shares of Restricted Stock and 2,500 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.
- [F3]Represents shares withheld by the Issuer for tax purposes upon vesting of DSUs.
- [F4]Consists of 1,476 fully vested shares of Restricted Stock and 1,592 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.
- [F5]As of December 31, 2019.
Documents
Issuer
IDT CORP
CIK 0001005731
Entity typeother
Related Parties
1- filerCIK 0001790176
Filing Metadata
- Form type
- 4
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 5:50 PM ET
- Size
- 10.3 KB