COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2004

Dec 13, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2004-12-10

Reporting Person: NOCITA GERARD R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-10	Common Stock Par Value $.10 per share	M	2250	$7.58	Acquired	2250	Direct
2004-12-10	Common Stock Par Value $.10 per share	M	2250	$9.08	Acquired	4500	Direct
2004-12-10	Common Stock Par Value $.10 per share	M	3000	$10.00	Acquired	7500	Direct
2004-12-10	Common Stock Par Value $.10 per share	M	5250	$10.00	Acquired	12750	Direct
2004-12-10	Common Stock Par Value $.10 per share	M	2250	$8.78	Acquired	15000	Direct
2004-12-10	Common Stock Par Value $.10 per share	M	7500	$5.67	Acquired	22500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-10	Stock Option Right to Buy	$7.58	M	2250	Disposed	2009-08-02	Common stock par value $.10 per share (2250)	Direct
2004-12-10	Stock Option Right to Buy	$9.08	M	2250	Disposed	2010-08-01	Common stock par value $.10 per share (2250)	Direct
2004-12-10	Stock Option Right to Buy	$10.00	M	3000	Disposed	2010-11-06	Common stock par value $.10 per share (3000)	Direct
2004-12-10	Stock Option Right to Buy	$10.00	M	5250	Disposed	2011-08-01	Common stock par value $.10 per share (5250)	Direct
2004-12-10	Stock Option Right to Buy	$8.78	M	2250	Disposed	2011-11-01	Common stock par value $.10 per share (2250)	Direct
2004-12-10	Stock Option Right to Buy	$5.67	M	7500	Disposed	2012-08-01	Common stock par value $.10 per share (7500)	Direct

Footnotes

F1: Option was granted under the Company's 2000 Stock Incentive Plan

F2: Balance reflects 3-for-2 stock split in July 2003