Maria Hedden - Aug 11, 2024 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Signature
MARIA HEDDEN
Stock symbol
CMTL
Transactions as of
Aug 11, 2024
Transactions value $
-$13,818
Form type
4
Date filed
8/13/2024, 06:40 PM
Previous filing
Aug 2, 2024
Next filing
Aug 14, 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 +10K +22.77% 53.9K Aug 11, 2024 Direct F1
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$13.8K -4.36K -8.09% $3.17 49.5K Aug 11, 2024 Direct F2

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 -10K -15.47% $0.00 54.6K Aug 11, 2024 Common Stock Par Value $.10 Per Share 10K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The 4,359 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.
F3 This transaction represents the vesting of 9,997 of the 29,990 restricted stock units issued to the Reporting Person on August 11, 2023.