(CMTL)

Role: Interim CEO
Signature: John Ratigan
Stock symbol: CMTL
Transactions as of: Jul 31, 2024
Transactions value $: $32,497
Form type: 4
Date filed: 8/2/2024, 05:35 PM
Previous filing: Jun 5, 2024
Next filing: Oct 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	Award	$52.5K	+16.2K	+202.55%	$3.24	24.2K	Jul 31, 2024	Direct	F1
transaction	CMTL	Common Stock Par Value $.10 Per Share	Tax liability	-$20K	-6.17K	-25.51%	$3.24	18K	Jul 31, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These transactions represent (i) the issuance of Comtech Telecommunications Corp. common stock in lieu of cash settlements based on the achievement of pre-established non-equity incentive goals for the fiscal year ending July 31, 2024, pursuant to the 2023 Equity and Incentive Plan, and (ii) the net settlement of the common stock to withhold the Reporting Person's Federal Insurance Contributions Act ("FICA") tax and federal, state and local income taxes in connection with the award of the common stock to the Reporting Person.

Content

These transactions represent (i) the issuance of Comtech Telecommunications Corp. common stock in lieu of cash settlements based on the achievement of pre-established non-equity incentive goals for the fiscal year ending July 31, 2024, pursuant to the 2023 Equity and Incentive Plan, and (ii) the net settlement of the common stock to withhold the Reporting Person's Federal Insurance Contributions Act ("FICA") tax and federal, state and local income taxes in connection with the award of the common stock to the Reporting Person.