Michael D. Porcelain - 04 Aug 2022 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role: President & CEO, Director
Signature: Michael D. Porcelain
Issuer symbol: CMTL
Transactions as of: 04 Aug 2022
Net transactions value: -$28,064
Form type: 4
Filing time: 05 Aug 2022, 18:45:15 UTC
Previous filing: 02 Aug 2022
Next filing: 09 Aug 2022
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		+4,721	+2.8%		171,470	04 Aug 2022	Direct	F2
transaction	CMTL	Common Stock Par Value $.10 Per Share	Tax liability	$28,064	-2,411	-1.4%	$11.64	169,059	04 Aug 2022	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	-4,721	-6.1%	$0.000000	72,352	04 Aug 2022	Common Stock Par Value $.10 Per Share	4,721		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 4,721 of the 23,607 restricted stock units issued to the Reporting Person on August 4, 2020.
F2	Restricted stock units convert into common stock on a one-for-one basis.
F3	The 2,411 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.