Michael Bondi - Oct 2, 2023 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Chief Financial Officer
Signature
Michael Bondi
Stock symbol
CMTL
Transactions as of
Oct 2, 2023
Transactions value $
-$15,470
Form type
4
Date filed
10/4/2023, 09:00 PM
Previous filing
Aug 14, 2023
Next filing
Nov 1, 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 Award +3.57K +5.03% 74.4K Oct 2, 2023 Direct F1, F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$15.5K -1.82K -2.45% $8.50 72.6K Oct 2, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the issuance of Comtech Telecommunications Corp. common stock on October 2, 2023 as a result of the settlement of a Long Term Performance Share Award granted on August 4, 2020 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2023.
F2 Long Term Performance shares convert into common stock on a one-for-one basis.
F3 The 1,820 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.