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: PORCELAIN MICHAEL (VP of Finance & Internal Audit)

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	33750	$5.73	Acquired	34908	Direct
2005-06-10	Common Stock Par Value $0.10 per share	M	4500	$11.67	Acquired	39408	Direct
2005-06-10	Common Stock Par Value $0.10 per share	S	38250	$36.00	Disposed	1158	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-10	Stock Option Right to Buy	$5.73	M	33750	Disposed	2012-03-14	Common stock par value $.10 per share (33750)	Direct
2005-06-10	Stock Option Right to Buy	$11.67	M	4500	Disposed	2013-08-04	Common stock par value $.10 per share (4500)	Direct

Footnotes

F1: Exercise of previously granted stock option

F2: Balance reflects 3-for-2 stock split in April 2005