Name | Relationship | Address | Signature | Signature date | CIK |
---|---|---|---|---|---|
WARTELL DAVID | CHIEF TECHNOLOGY OFFICER | C/O IDT CORPORATION, 520 BROAD STREET, NEWARK | Joyce J. Mason, by Power of Attorney | 2025-09-22 | 0001735950 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IDT | Deferred Stock Units | Award | $0 | +5K | $0.00 | 5K | Sep 18, 2025 | Class B Common Stock | 5K | Direct | F1 |
Id | Content |
---|---|
F1 | Represents grant of 5,000 DSUs vesting ratably on 2/17/2026, 2/16/2027 and 2/15/2028, with the recipient having the option on 1/19/2026 and 1/18/2027 to defer vesting to the next scheduled vesting. The number of shares of Class B common stock that will be issued depends on the Market Price on the applicable vesting date as compared to the Grant Price of the DSUs ($50.90), with no less than 0.5 shares (Market Price less than $25.45) and no more than 4.0 shares (Market Price greater than $101.80), to be issued for each DSU vested. Upon vesting of all of the DSUs, between 2,500 and 20,000 shares of Class B common stock will have been issued. "Market Price" for each vesting date will be the greater of (i) the closing price for the Class B common stock on the trading date immediately prior to such vesting date, and (ii) the average of the closing prices of the Class B common stock for the 20 trading days ending with the trading day immediately prior to such vesting date. |