WARTELL DAVID 4
4 · IDT CORP · Filed Jan 7, 2022
Insider Transaction Report
Form 4
IDT CORPIDT
WARTELL DAVID
CHIEF TECHNOLOGY OFFICER
Transactions
- Exercise/Conversion
Class B Common Stock, par value $.01 per share
2022-01-05$44.78/sh+12,000$537,420→ 12,000 total - Tax Payment
Class B Common Stock, par value $.01 per share
2022-01-05$44.78/sh−3,073$137,624→ 8,927 total
Footnotes (4)
- [F1]Under the terms of the IDT Corporation Equity Growth Program, due to the market price of the Issuer's Class B Common Stock prior to the January 5, 2022 vesting date, each DSU that vested entitled the Reporting Person to receive 2 shares of Class B Common Stock.
- [F2]Consists of 12,000 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 8,927 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.