SHEA NADINE 4
4 · IDT CORP · Filed Jan 5, 2021
Insider Transaction Report
Form 4
IDT CORPIDT
SHEA NADINE
EVP of GLOBAL HUMAN RESOURCES
Transactions
- Tax Payment
Class B Common Stock, par value $.01 per share
2021-01-05$12.33/sh−1,870$23,057→ 4,806 total - Exercise/Conversion
Class B Common Stock, par value $.01 per share
2021-01-05$12.33/sh+4,688$57,803→ 6,676 total
Holdings
- 2,556(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 5, 2021, the Reporting Person elected to vest all 2,500 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 396 fully vested shares of Restricted Stock and 6,280 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 396 fully vested shares of Restricted Stock and 4,410 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.
- [F5]As of December 31, 2020.