MICHAEL BONDI - 12 Aug 2023 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Chief Financial Officer
Signature
Michael Bondi
Issuer symbol
CMTL
Transactions as of
12 Aug 2023
Net transactions value
-$23,113
Form type
4
Filing time
14 Aug 2023, 21:12:31 UTC
Previous filing
15 Aug 2023
Next filing
04 Oct 2023
SEC
View on sec.gov

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 +4,842 +7.1% 73,333 12 Aug 2023 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability $23,113 -2,472 -3.4% $9.35 70,861 12 Aug 2023 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 -4,842 -21% $0.000000 18,403 12 Aug 2023 Common Stock Par Value $.10 Per Share 4,842 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the vesting of 4,842 of the 14,527 restricted stock units issued to the Reporting Person on August 12, 2022.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The 2,472 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.