COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2005

Jun 14, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2005-06-10

Reporting Person: ROUSE ROBERT G (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-10	Common Stock Par Value $0.10 per share	M	67500	$6.22	Acquired	78750	Direct
2005-06-10	Common Stock Par Value $0.10 per share	M	6750	$6.33	Acquired	85500	Direct
2005-06-10	Common Stock Par Value $0.10 per share	M	18000	$3.58	Acquired	103500	Direct
2005-06-10	Common Stock Par Value $0.10 per share	M	12000	$11.67	Acquired	115500	Direct
2005-06-10	Common Stock Par Value $0.10 per share	S	104250	$36.00	Disposed	11250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-10	Stock Option Right to Buy	$6.22	M	67500	Acquired	2011-07-16	Common stock par value $.10 per share (67500)	Direct
2005-06-10	Stock Option Right to Buy	$6.33	M	6750	Acquired	2011-08-07	Common stock par value $.10 per share (6750)	Direct
2005-06-10	Stock Option Right to Buy	$3.58	M	18000	Acquired	2012-08-06	Common stock par value $.10 per share (18000)	Direct
2005-06-10	Stock Option Right to Buy	$11.67	M	12000	Acquired	2013-08-04	Common stock par value $.10 per share (12000)	Direct

Footnotes

F1: Exercise of previously granted stock option

F2: Balance reflects 3-for2 stock split in April 2005