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 |
Id | Content |
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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. |