Sec Form 4/A Filing - JONAS HOWARD S @ IDT CORP - 2017-06-09

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
JONAS HOWARD S
2. Issuer Name and Ticker or Trading Symbol
IDT CORP [ IDT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman of the Board
(Last) (First) (Middle)
C/O IDT CORPORATION, 520 BROAD STREET
3. Date of Earliest Transaction (MM/DD/YY)
06/09/2017
(Street)
NEWARK, NJ07102
4. If Amendment, Date Original Filed (MM/DD/YY)
06/12/2017
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 06/09/2017 A( 1 ) 1,000,000 A $ 14.93 1,958,752 ( 2 ) D
Class B Common Stock 3,483 ( 3 ) I By 401(k) Plan
Class B Common Stock 168,499 I By Trust FBO Michael Jonas ( 4 )
Class B Common Stock 339,258 I By Trust FBO Joseph Jonas ( 4 )
Class B Common Stock 339,305 I By Trust FBO Tamar Jonas ( 4 )
Class B Common Stock 339,220 I By Trust FBO Rachel Jonas ( 4 )
Class B Common Stock 339,427 I By Trust FBO Leora Jonas ( 4 )
Class B Common Stock 328,587 I By Trust FBO David Jonas ( 4 )
Class B Common Stock 339,448 I By Trust FBO Samuel Jonas ( 4 )
Class B Common Stock 339,664 I By Trust FBO Jonathan Jonas ( 4 )
Class B Common Stock 339,627 I By Trust FBO Miriam Jonas ( 4 )
Class B Common Stock 1,556 I Custodial for Son (Joseph)
Class B Common Stock 1,556 I Custodial for Daughter (Rachel)
Class B Common Stock 1,556 I Custodial for Daughter (Tamar)
Class B Common Stock 1,556 I Custodial for Daughter (Miriam)
Class B Common Stock 1,556 I Custodial for Son (Jonathan)
Class B Common Stock 197,641 I By The Jonas Foundation
Class B Common Stock 629,808 I By Howard S. Jonas 2014 Annuity Trust
Class A Common Stock 1,574,326 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
JONAS HOWARD S
C/O IDT CORPORATION
520 BROAD STREET
NEWARK, NJ07102
X X Chairman of the Board
Signatures
Joyce J. Mason, by Power of Attorney 06/28/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This 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.
( 2 )Includes 46,416 shares of Restricted Stock, which vest as follows: 23,208 shares on each of January 5, 2018 and January 5, 2019.
( 3 )As of May 31, 2017.
( 4 )These 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.

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