Michael Bondi - Sep 29, 2022 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Chief Financial Officer
Signature
Michael Bondi
Stock symbol
CMTL
Transactions as of
Sep 29, 2022
Transactions value $
-$10,345
Form type
4
Date filed
10/3/2022, 09:03 PM
Previous filing
Aug 15, 2022
Next filing
Oct 5, 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 Award +2.05K +3.89% 54.6K Sep 29, 2022 Direct F1, F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$10.3K -1.05K -1.91% $9.89 53.6K Sep 29, 2022 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 29, 2022 as a result of the settlement of a Long Term Performance Share Award granted on August 9, 2019 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2022.
F2 Long Term Performance shares convert into common stock on a one-for-one basis.
F3 The 1,046 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.