SILBERMAN MITCH 4
4 · IDT CORP · Filed Jan 7, 2022
Insider Transaction Report
Form 4
IDT CORPIDT
SILBERMAN MITCH
CAO & Controller
Transactions
- Tax Payment
Class B Common Stock, par value $.01 per share
2022-01-05$44.78/sh−1,217$54,503→ 2,115 total - Exercise/Conversion
Class B Common Stock, par value $.01 per share
2022-01-05$44.78/sh+3,332$149,224→ 3,332 total
Footnotes (3)
- [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]Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.
- [F3]Consists of 2,115 fully vested shares of Class B Common Stock issued upon the conversion of DSUs.