Yelena Simonyuk - Sep 28, 2022 Form 3/A - Amendment Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Signature
Yelena Simonyuk
Stock symbol
CMTL
Transactions as of
Sep 28, 2022
Transactions value $
$0
Form type
3/A - Amendment
Date filed
10/4/2022, 01:57 PM
Date Of Original Report
Oct 3, 2022
Next filing
Oct 3, 2022

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
holding CMTL Share Units Sep 28, 2022 Common Stock Par Value $.10 Per Share 1.44K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Amendment to the Form 3 filed on October 3, 2022 (the "October 3 Form 3") is being made to correct a typographical error that cross-referenced to the wrong footnote in box 4 of Table II above with respect to Share Units. The correct footnote reference is made here. All other information reported in the October 3 Form 3 was correct and remains unchanged.
F2 Share units are rights to convert solely into Comtech Telecommunications Corp. common stock on a one-for-one basis. The share units were issued in lieu of cash settlements based on the achievement of pre-established non-equity incentive goals for the fiscal year ending July 31, 2022, pursuant to the 2000 Stock Incentive Plan. These share units are fully vested, are subject to certain transfer restrictions, and will be converted into Comtech Telecommunications Corp. common stock following the one-year anniversary of the grant date which will occur on July 28, 2023.