Michael Porcelain - Aug 9, 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 9, 2022
Transactions value $
-$15,779
Form type
4
Date filed
8/10/2022, 09:07 PM
Previous filing
Aug 9, 2022
Next filing
Oct 4, 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 +2.82K +1.65% 174K Aug 9, 2022 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$15.8K -1.44K -0.83% $10.95 172K Aug 9, 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 -2.82K -4.12% $0.00 65.7K Aug 9, 2022 Common Stock Par Value $.10 Per Share 2.82K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael Porcelain is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This transaction represents the vesting of 2,822 of the 14,113 restricted stock units issued to the Reporting Person on August 9, 2019.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The 1,441 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.