SEC Form 4 · accession 0001209191-16-146477
IDT CORP · IDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joyce J Mason
Officer — EVP and Corporate Secretary
Period of report
Oct 18, 2016
Accepted (ET)
Oct 20, 2016 · 3:22 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 | Oct 18, 2016 | M | 3,000 | $16.24 | A | 31,869 | D | |
| Class B Common Stock, par value $.01 per share | Oct 18, 2016 | S | 3,000 | $17.6049 | D | 28,869 | D | |
| Class B Common Stock, par value $.01 per share | Oct 19, 2016 | M | 1,555 | $16.24 | A | 30,424 | D | |
| Class B Common Stock, par value $.01 per shareF1 | Oct 19, 2016 | S | 1,555 | $17.773 | D | 28,869 | D | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 28,869 | D | ||
| Class B Common Stock, par value $.01 per shareF2 | holding | — | — | — | 3,847 | I | By 401(k) Plan | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 7,225 | I | By Self for Daughter | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 2,182 | I | By Self for Husband |
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)F3 | $16.24 | Oct 18, 2016 | M | 3,000 | D | — | Jul 21, 2018 | Class B Common Stock | 3,000 | 2,555 | D |
| Employee Stock Option (right to buy)F3 | $16.24 | Oct 19, 2016 | M | 1,555 | D | — | Jul 21, 2018 | Class B Common Stock | 1,555 | 1,000 | D |
Explanation of responses
- F1Consists of 20,500 shares of Restricted Stock, 13,000 of which are vested, 3,750 shares which vest on each of January 16, 2017 and July 16, 2018, 1,396 shares purchases through the Issuer's Employee Stock Purchase Program and 6,973 shares held by Ms. Mason directly.
- F2As of September 30, 2016.
- F3The option vested immediately upon grant on 6/7/2016 and was set to expire on 7/21/2018.