4//SEC Filing
WARTELL DAVID 4
Accession 0001209191-21-001228
CIK 0001005731other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:56 PM ET
Size
7.3 KB
Accession
0001209191-21-001228
Insider Transaction Report
Form 4
IDT CORPIDT
WARTELL DAVID
CHIEF TECHNOLOGY OFFICER
Transactions
- Tax Payment
Class B Common Stock, par value $.01 per share
2021-01-05$12.33/sh−3,336$41,133→ 14,664 total - Exercise/Conversion
Class B Common Stock, par value $.01 per share
2021-01-05$12.33/sh+11,250$138,713→ 18,000 total
Footnotes (4)
- [F1]Of the 6,000 deferred stock units (DSUs) that were eligible to vest on January 5, 2021, the Reporting Person elected to vest all 6,000 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.
- [F2]Consists of 3,046 fully vested shares of Restricted Stock, and 14,954 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 3,046 fully vested shares of Restricted Stock, and 11,618 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 0001735950
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:56 PM ET
- Size
- 7.3 KB