Lawrence Waldman - Aug 10, 2021 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Director
Signature
Lawrence Waldman
Stock symbol
CMTL
Transactions as of
Aug 10, 2021
Transactions value $
$0
Form type
4
Date filed
8/12/2021, 05:37 PM
Previous filing
Aug 11, 2021
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMTL Common Stock Par Value $0.10 Per Share Award $0 +4.48K +29.92% $0.00 19.4K Aug 10, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock awards were granted under the Company's 2000 Stock Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting.
F2 Generally, the restricted stock awards will vest in installments over a five year period, at a rate of 20% on the first through fifth anniversaries of grant, assuming continued service as a director. Shares of common stock corresponding to vested awards will be delivered to the Reporting Person within 30 days of vesting.