SEC Form 4 · accession 0001181431-15-005943
IDT CORP · IDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bill Pereira
Director · Other
Period of report
Jun 16, 2015
Accepted (ET)
Apr 17, 2015 · 3:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001005731
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock, par value $.01 per share | Apr 16, 2015 | M | 7,750 | $10.73 | A | 80,817 | D | |
| Class B Common Stock, par value $.01 per share | Apr 16, 2015 | S | 7,750 | $17.31 | D | 73,067 | D | |
| Class B Common Stock, par value $.01 per shareF1 | Apr 16, 2015 | S | 1,700 | $17.54 | D | 71,367 | D | |
| Class B Common Stock, par value $.01 per shareF2,F3 | Apr 16, 2015 | J | 112 | $17.91 | A | 2,324 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $10.73 | Apr 16, 2015 | M | 7,750 | D | — | Nov 21, 2021 | Class B Common Stock | 7,750 | 0 | D |
Explanation of responses
- F1Includes 43,000 shares of Restricted Stock that vests as follows: 8,334 on January 5, 2016; 8,333 on each of January 5, 2017 and January 5, 2018; and 9,000 on each of January 16, 2017 and July 16, 2018.
- F2Represents shares granted by the Company in connection with a 401(k) match.
- F3As of April 16, 2015.
- F4Options vested as follows: 2,584 on November 22, 2012 and 2,583 on each of November 22, 2013 and November 22, 2014.