Fred Kornberg - 09 Aug 2021 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role: Chairman & CEO, Director
Signature: Fred Kornberg
Issuer symbol: CMTL
Transactions as of: 09 Aug 2021
Net transactions value: -$85,197
Form type: 4
Filing time: 11 Aug 2021, 16:49:03 UTC
Previous filing: 10 Aug 2021
Next filing: 12 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMTL	Common Stock Par Value $.10 Per Share	Options Exercise		+6,140	+5.5%		117,195	09 Aug 2021	Direct	F2
transaction	CMTL	Common Stock Par Value $.10 Per Share	Tax liability	$85,197	-3,263	-2.8%	$26.11	113,932	09 Aug 2021	Direct	F3
holding	CMTL	Common Stock Par Value $.10 Per Share						308,860	09 Aug 2021	By GRAT

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CMTL	Restricted Stock Units	Options Exercise	$0	-6,140	-9.1%	$0.000000	61,345	09 Aug 2021	Common stock par value $.10 per share	6,140		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction represents the vesting of 6,140 of the 30,702 restricted stock units issued to the Reporting Person on August 9, 2017.
F2	Restricted stock units convert into common stock on a one-for-one basis.
F3	The 3,263 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.