(CMTL)

Reporting relationship: Former President & CEO
Issuer ticker: CMTL
Reported as of: 09 Aug 2022
Net transaction value: -$367,340
SEC form: 4
Accepted by SEC: 11 Aug 2022, 20:58:36 UTC
Prior SEC filing: 09 Aug 2022
Next SEC filing: 04 Oct 2022
Source filing: View source filing
Reporting owner signature: Michael D. Porcelain

Key filing fact

Michael D. Porcelain filed Form 4 for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL) on 11 Aug 2022.

Key facts

This page summarizes Michael D. Porcelain's Form 4 filing for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 11 Aug 2022, 20:58.

Change

Previous filing in this sequence was filed on 09 Aug 2022.
Current net transaction value: -$367,340.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CMTL transaction

Common Stock Par Value $.10 Per Share

Options Exercise

Transaction value
Shares: +65,714
Change %: +38%
Price
Shares after: 238,021
Date: 09 Aug 2022
Ownership: Direct
Footnotes: F2

CMTL transaction

Common Stock Par Value $.10 Per Share

Tax liability

Transaction value: $367,340
Shares: -33,547
Change %: -14%
Price: $10.95
Shares after: 204,474
Date: 09 Aug 2022
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CMTL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -65,714
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 09 Aug 2022
Ownership: Direct
Underlying class: Common Stock Par Value $.10 Per Share
Underlying amount: 65,714
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Michael D. Porcelain is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

This transaction represents the vesting of 65,714 restricted stock units.

Footnote F2

Restricted stock units convert into common stock on a one-for-one basis.

Footnote F3

The 33,547 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.