SEC Form 4 · accession 0001209191-16-155853
IDT CORP · IDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bill Pereira
Director · Other
Period of report
Dec 16, 2016
Accepted (ET)
Dec 19, 2016 · 3:38 pm EST
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 | Dec 16, 2016 | M | 10,222 | $13.93 | A | 44,888 | D | |
| Class B Common Stock, par value $.01 per shareF1 | Dec 16, 2016 | S | 10,222 | $18.5462 | D | 34,666 | D | |
| Class B Common Stock, par value $.01 per shareF2 | holding | — | — | — | 3,029 | 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)F3 | $13.93 | Dec 16, 2016 | M | 10,222 | D | — | Apr 22, 2020 | Class B Common Stock | 10,222 | 0 | D |
Explanation of responses
- F1Consists of 34,666 shares of Restricted Stock 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.
- F2As of November 30, 2016.
- F3Options vested as follows: 1/3 on each of January 2, 2008, January 2, 2009 and January 2, 2010.