FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SHEA NADINE

2. Date of Event Requiring Statement (MM/DD/YYYY)
9/25/2019 

3. Issuer Name and Ticker or Trading Symbol

IDT CORP [IDT]

(Last)        (First)        (Middle)

C/O IDT CORPORATION, 520 BROAD STREET

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
EVP of GLOBAL HUMAN RESOURCES /

(Street)

NEWARK, NJ 07102      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)

 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class B Common Stock, par value $.01 per share 1476 D  
Class B Common Stock, par value $.01 per share 2534 (1)I By 401(k) Plan 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units  (2)1/5/2022 Class B Common Stock 7500 $0.00 D  

Explanation of Responses:
(1) As of September 30, 2019.
(2) Represents a grant of 7,500 deferred stock units ("DSUs"). Each DSU is the right to receive between 1/2 of a share and 2 shares of the Issuer's Class B common stock. Vesting is in thirds in January 2020, 2021 and 2022. The number of shares that will actually vest for each DSU depends on the market price for the Class B common stock as of the relevant vesting date. 1/2 of a share will be issued for each DSU if the market price on the vesting date is less than $3.255 (50% of the grant date value of a share of Class B common stock) and 2 shares will be issued for each DSU if the market price on the vesting date is $13.02 (200% of the grant date value) or greater, with a proportionate amount to vest based on thresholds of 50%, 62.5%, 75%, 87.5%, 100%, 112.5%, 125%, 137.5, 150%, 162.5%, 175%, 187.5% and 200% of the grant date value. Upon vesting in full, the Reporting Person will be entitled to receive between 3,750 and 15,000 shares of Class B common stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SHEA NADINE
C/O IDT CORPORATION
520 BROAD STREET
NEWARK, NJ 07102


EVP of GLOBAL HUMAN RESOURCES

Signatures
Joyce J. Mason, by Power of Attorney10/3/2019
**Signature of Reporting PersonDate

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