Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CMTL | Common Stock Par Value $0.10 Per Share | Award | +508 | +2.45% | 21.3K | Nov 1, 2024 | Direct | F1, F2 | ||
transaction | CMTL | Common Stock Par Value $0.10 Per Share | Tax liability | -$669 | -230 | -1.08% | $2.91 | 21.1K | Nov 1, 2024 | Direct | F3 |
Id | Content |
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F1 | This transaction represents the issuance of Comtech Telecommunications Corp. common stock on November 1, 2024 as a result of the settlement of a Long Term Performance Share Award granted on August 10, 2021 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2024. |
F2 | Long Term Performance shares convert into common stock on a one-for-one basis. |
F3 | The 230 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax. |