SEC Form 4/A · accession 0001209191-17-042090
IDT CORP · IDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Howard S Jonas
Officer — Chairman of the Board · Director · 10% Owner
Period of report
Jun 9, 2017
Accepted (ET)
Jun 28, 2017 · 2:44 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 StockF2 | Jun 9, 2017 | A | 1,000,000 | $14.93 | A | 1,958,752 | D | |
| Class B Common StockF3 | holding | — | — | — | 3,483 | I | By 401(k) Plan | |
| Class B Common StockF4 | holding | — | — | — | 168,499 | I | By Trust FBO Michael Jonas | |
| Class B Common StockF4 | holding | — | — | — | 339,258 | I | By Trust FBO Joseph Jonas | |
| Class B Common StockF4 | holding | — | — | — | 339,305 | I | By Trust FBO Tamar Jonas | |
| Class B Common StockF4 | holding | — | — | — | 339,220 | I | By Trust FBO Rachel Jonas | |
| Class B Common StockF4 | holding | — | — | — | 339,427 | I | By Trust FBO Leora Jonas | |
| Class B Common StockF4 | holding | — | — | — | 328,587 | I | By Trust FBO David Jonas | |
| Class B Common StockF4 | holding | — | — | — | 339,448 | I | By Trust FBO Samuel Jonas | |
| Class B Common StockF4 | holding | — | — | — | 339,664 | I | By Trust FBO Jonathan Jonas | |
| Class B Common StockF4 | holding | — | — | — | 339,627 | I | By Trust FBO Miriam Jonas | |
| Class B Common Stock | holding | — | — | — | 1,556 | I | Custodial for Son (Joseph) | |
| Class B Common Stock | holding | — | — | — | 1,556 | I | Custodial for Daughter (Rachel) | |
| Class B Common Stock | holding | — | — | — | 1,556 | I | Custodial for Daughter (Tamar) | |
| Class B Common Stock | holding | — | — | — | 1,556 | I | Custodial for Daughter (Miriam) | |
| Class B Common Stock | holding | — | — | — | 1,556 | I | Custodial for Son (Jonathan) | |
| Class B Common Stock | holding | — | — | — | 197,641 | I | By The Jonas Foundation | |
| Class B Common Stock | holding | — | — | — | 629,808 | I | By Howard S. Jonas 2014 Annuity Trust | |
| Class A Common Stock | holding | — | — | — | 1,574,326 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This was initially disclosed as a direct purchase of the Company's treasury shares, when in fact, it was a purchase from the Company pursuant to 16(b)(3) which was approved by a Committee of the Board that is comprised solely of three Non-Employee directors.
- F2Includes 46,416 shares of Restricted Stock, which vest as follows: 23,208 shares on each of January 5, 2018 and January 5, 2019.
- F3As of May 31, 2017.
- F4These shares are held in trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is the trustee of the trust. Mr. Jonas disclaims beneficial ownership of these shares and does not exercise or share voting or dispositary power or investment control of these shares and has no pecuniary interest in these shares.