Ken A. Peterman - Sep 12, 2023 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Chairman, President and CEO, Director
Signature
Ken A Peterman
Stock symbol
CMTL
Transactions as of
Sep 12, 2023
Transactions value $
-$50,600
Form type
4
Date filed
9/13/2023, 08:36 PM
Previous filing
Aug 15, 2023

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 +14.2K +28.69% 63.6K Sep 12, 2023 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$50.6K -5.93K -9.33% $8.53 57.6K Sep 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 -14.2K -9.29% $0.00 138K Sep 12, 2023 Common Stock Par Value $.10 Per Share 14.2K 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 14,173 of the 42,518 restricted stock units issued to the Reporting Person on September 12, 2022.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The 5,932 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.