Maria Hedden - Aug 12, 2023 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Chief Operating Officer
Signature
MARIA HEDDEN
Stock symbol
CMTL
Transactions as of
Aug 12, 2023
Transactions value $
-$15,082
Form type
4
Date filed
8/14/2023, 09:13 PM
Previous filing
Aug 15, 2023
Next filing
Apr 2, 2024

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 +3.72K +38.58% 13.3K Aug 12, 2023 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$15.1K -1.61K -12.09% $9.35 11.7K Aug 12, 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 -3.72K -9.55% $0.00 35.2K Aug 12, 2023 Common Stock Par Value $.10 Per Share 3.72K 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 3,715 of the 11,145 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 1,613 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.