4//SEC Filing
SILBERMAN MITCH 4
Accession 0001209191-21-000976
CIK 0001005731other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:11 PM ET
Size
7.2 KB
Accession
0001209191-21-000976
Insider Transaction Report
Form 4
IDT CORPIDT
SILBERMAN MITCH
CAO & Controller
Transactions
- Exercise/Conversion
Class B Common Stock, par value $.01 per share
2021-01-05$12.33/sh+3,126$38,544→ 4,196 total - Tax Payment
Class B Common Stock, par value $.01 per share
2021-01-05$12.33/sh−1,207$14,882→ 2,989 total
Footnotes (4)
- [F1]Of the 1,667 deferred stock units (DSUs) that were eligible to vest on January 5, 2021, the Reporting Person elected to vest all 1,667 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.
- [F2]Consists of 4,196 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 the vesting of DSUs.
- [F4]Consists of 2,989 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.
Documents
Issuer
IDT CORP
CIK 0001005731
Entity typeother
Related Parties
1- filerCIK 0001365233
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:11 PM ET
- Size
- 7.2 KB