Michael Porcelain - Aug 8, 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 8, 2022
Transactions value $
-$8,302
Form type
4
Date filed
8/9/2022, 07:43 PM
Previous filing
Aug 5, 2022
Next filing
Aug 10, 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 +1.37K +0.81% 170K Aug 8, 2022 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$8.3K -700 -0.41% $11.86 170K Aug 8, 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 -1.37K -1.89% $0.00 71K Aug 8, 2022 Common Stock Par Value $.10 Per Share 1.37K 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 1,370 of the 6,851 restricted stock units issued to the Reporting Person on August 8, 2018.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The 700 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.