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

Role
President & CEO, Director
Signature
Michael D. Porcelain
Stock symbol
CMTL
Transactions as of
Aug 4, 2022
Transactions value $
-$28,064
Form type
4
Date filed
8/5/2022, 06:45 PM
Previous filing
Aug 2, 2022
Next filing
Aug 9, 2022

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 +4.72K +2.83% 171K Aug 4, 2022 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$28.1K -2.41K -1.41% $11.64 169K Aug 4, 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 -4.72K -6.13% $0.00 72.4K Aug 4, 2022 Common Stock Par Value $.10 Per Share 4.72K 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.