SEC Form 4 · accession 0001209191-16-126796

IDT CORP · IDT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director · Other

Period of report

Jun 7, 2016

Accepted (ET)

Jun 9, 2016 · 3:24 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^F1	holding	—	—		—	48,007	D
Class B Common Stock, par value $.01 per share^F2	holding	—	—		—	2,597	I	By 401(k) Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F3	$16.18	Jun 7, 2016	D	10,222	D	—	Apr 22, 2020	Class B Common Stock	10,222	0	D
Employee Stock Option (right to buy)^F3	$13.93	Jun 7, 2016	A	10,222	A	—	Apr 22, 2020	Class B Common Stock	10,222	10,222	D

F1Consists of 47,341 shares of Restricted Stock, of which 12,675 are vested and 34,666 of which are unvested, that are scheduled to vest as follows: 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, and 666 shares purchased by ESPP.
F2As of May 31, 2016.
F3The two reported transactions involved an amendment of the exercise price of an outstanding option in connection with the spinoff of Zedge, Inc., resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on April 23, 2007 and is fully vested.