COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2007

Aug 9, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2007-08-07

Reporting Person: PORCELAIN MICHAEL (Sr. Vice President & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-07	Stock Option Right to Buy	$42.47	A	8750	Acquired	2012-08-07	Common stock par value $.10 per share (8750)	Direct
2007-08-07	Stock Option Right to Buy	$42.47	A	8750	Acquired	2012-08-07	Common stock par value $.10 per share (8750)	Direct
2007-08-07	Stock Option Right to Buy	$42.47	A	17500	Acquired	2012-08-07	Common stock par value $.10 per share (17500)	Direct

Footnotes

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