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: KORNBERG FRED (Director, Chairman, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-10	Common Stock par value $.10 per share	M	67500	$3.33	Acquired	888375	Direct
2005-06-10	Common Stock par value $.10 per share	M	36000	$6.67	Acquired	924375	Direct
2005-06-10	Common Stock par value $.10 per share	M	90000	$5.06	Acquired	1014375	Direct
2005-06-10	Common Stock par value $.10 per share	M	40500	$6.33	Acquired	1054875	Direct
2005-06-10	Common Stock par value $.10 per share	M	63000	$3.58	Acquired	1117875	Direct
2005-06-10	Common Stock par value $.10 per share	M	31500	$11.67	Acquired	1149375	Direct
2005-06-10	Common Stock par value $.10 per share	S	801000	$36.00	Disposed	348375	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-10	Stock Option Right to Buy	$3.33	M	67500	Disposed	2009-06-29	Common Stock Par Value $0.10 per share (67500)	Direct
2005-06-10	Stock Option Right to Buy	$6.67	M	36000	Disposed	2010-10-19	Common Stock Par Value $0.10 per share (36000)	Direct
2005-06-10	Stock Option Right to Buy	$5.06	M	90000	Disposed	2010-12-12	Common Stock Par Value $0.10 per share (90000)	Direct
2005-06-10	Stock Option Right to Buy	$6.33	M	40500	Disposed	2011-08-07	Common Stock Par Value $0.10 per share (40500)	Direct
2005-06-10	Stock Option Right to Buy	$3.58	M	63000	Disposed	2012-08-06	Common Stock Par Value $0.10 per share (63000)	Direct
2005-06-10	Stock Option Right to Buy	$11.67	M	31500	Disposed	2013-08-04	Common Stock Par Value $0.10 per share (31500)	Direct

Footnotes

F1: Exercise of previously granted stock option

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