Michael Bondi - Sep 27, 2021 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Chief Financial Officer
Signature
Michael Bondi
Stock symbol
CMTL
Transactions as of
Sep 27, 2021
Transactions value $
-$57,268
Form type
4
Date filed
9/29/2021, 04:34 PM
Previous filing
Aug 12, 2021
Next filing
Oct 6, 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 Award +4.13K +11.05% 41.5K Sep 27, 2021 Direct F1, F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$57.3K -2.2K -5.29% $26.09 39.3K Sep 27, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the issuance of Comtech Telecommunications Corp. common stock on September 27, 2021 as a result of the settlement of a Long Term Performance Share Award granted on October 4, 2018 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2021.
F2 Long Term Performance shares convert into common stock on a one-for-one basis.
F3 The 2,195 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state and Federal Insurance Contributions Act ("FICA") tax.