With the recent drop, I'll go low .05
March 01, 1999 21:43
IDT CORP files for employee plan.
Excerpted from S-8 filed on 03/01 by IDT CORP:
IDT CORP files for employee plan.
CALCULATION OF REGISTRATION FEE
========================================================
S C C C C
Title of Securities Amount to be Proposed Maximum Proposed Maximum Amount of
to be Registered Registered Offering Price Aggregate Offering Registration
Per Share Price Fee
===============================================================
Common Stock, par value 1,500,000 $12.00(2) $18,000,000.00 $5,004.00
$.01 per share(1)
=================================================================
TABLE
(1) Includes 1,500,000 shares reserved for issuance under the 1996 Stock Option
and Incentive Plan, as Amended and Restated, plus such additional
indeterminate number of shares of the Common Stock as may be issuable
pursuant to certain antidilution adjustment provisions thereof.
(2) Estimated pursuant to Rules 457 (c) and (h) under the Securities Act of
1933, as amended, based upon the average of the high and low prices of the
Common Stock on the Nasdaq National Market on February 25, 1999.
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