FORM 4 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 OF SECURITIES 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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(Print or Type Responses)

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 (Month/Day/Year) 12/22/2016 (Street) NEWARK, NJ 07102 4. If Amendment, Date Original Filed(Month/Day/Year) 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 12/22/2016   G V 9,750 D $ 0 184.004 D   Class B Common Stock 01/05/2017   A   69,624 (1) D $ 19.565 253,628 D   Class B Common Stock 01/05/2017   F   23,208 (2) D $ 19.565 230,420 (3) D   Class B Common Stock               3,425 (4) I By 401(k) Plan Class B Common Stock               168,499 I By Trust FBO Michael Jonas (5) Class B Common Stock               339,258 I By Trust FBO Joseph Jonas (5) Class B Common Stock               339,305 I By Trust FBO Tamar Jonas (5) Class B Common Stock               339,220 I By Trust FBO Rachel Jonas (5) Class B Common Stock               339,427 I By Trust FBO Leora Jonas (5) Class B Common Stock               328,587 I By Trust FBO David Jonas (5) Class B Common Stock               339,448 I By Trust FBO Samuel Jonas (5) Class B Common Stock               339,664 I By Trust FBO Jonathan Jonas (5) Class B Common Stock               339,627 I By Trust FBO Miriam Jonas (5) 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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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 (Month/Day/Year)

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, NJ 07102	X	X	Chairman of the Board

Signatures

Joyce J. Mason, by Power of Attorney		01/09/2017
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Grant of Restricted Stock, 23,208 shares of which shall vest immediately and 23,208 shares of which vest on each of January 5, 2018 and January 5, 2019.
(2)	Represents shares withheld by the Issuer for tax purposes upon vesting of Restricted Stock.
(3)	Includes 46,416 shares of Restricted Stock, which vest as follows: 23,208 shares on each of January 5, 2018 and January 5, 2019.
(4)	As of December 31, 2016.
(5)	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 does not exercise or share investment control of these shares.

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