Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CMTL | Common Stock Par Value $.10 Per Share | Award | +45.2K | +16.54% | 318K | Sep 29, 2022 | Direct | F1, F2 | ||
transaction | CMTL | Common Stock Par Value $.10 Per Share | Tax liability | -$228K | -23.1K | -7.24% | $9.89 | 295K | Sep 29, 2022 | Direct | F3 |
holding | CMTL | Common Stock Par Value $.10 Per Share | 261K | Sep 29, 2022 | By GRAT |
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 23,056 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax. |