Michael Porcelain - Aug 9, 2021 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
President & COO
Signature
Michael D. Porcelain
Stock symbol
CMTL
Transactions as of
Aug 9, 2021
Transactions value $
-$33,943
Form type
4
Date filed
8/11/2021, 04:52 PM
Previous filing
Aug 10, 2021
Next filing
Aug 12, 2021

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 +2.45K +1.85% 135K Aug 9, 2021 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$33.9K -1.3K -0.96% $26.11 134K Aug 9, 2021 Direct F3

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 -2.45K -6.08% $0.00 37.8K Aug 9, 2021 Common stock par value $.10 per share 2.45K 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 2,445 of the 12,226 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 1,300 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.