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

Jun 14, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2007-06-13

Reporting Person: MCCOLLUM ROBERT L (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-13	Common Stock Par Value $.10 per share	M	11250	$5.06	Acquired	63375	Direct
2007-06-13	Common Stock Par Value $.10 per share	M	13500	$6.33	Acquired	76875	Direct
2007-06-13	Common Stock Par Value $.10 per share	M	18000	$3.58	Acquired	94875	Direct
2007-06-13	Common Stock Par Value $.10 per share	M	22500	$11.67	Acquired	117375	Direct
2007-06-13	Common Stock Par Value $.10 per share	M	24000	$13.19	Acquired	141375	Direct
2007-06-13	Common Stock Par Value $.10 per share	M	5000	$35.90	Acquired	146375	Direct
2007-06-13	Common Stock Par Value $.10 per share	S	122847	$41.75	Disposed	23528	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-13	Stock Option Right to Buy	$5.06	M	11250	Disposed	2010-12-12	Common stock par value $.10 per share (11250)	Direct
2007-06-13	Stock Option Right to Buy	$6.33	M	13500	Disposed	2011-08-07	Common stock par value $.10 per share (13500)	Direct
2007-06-13	Stock Option Right to Buy	$3.58	M	18000	Disposed	2012-08-06	Common stock par value $.10 per share (18000)	Direct
2007-06-13	Stock Option Right to Buy	$11.67	M	22500	Disposed	2013-08-04	Common stock par value $.10 per share (22500)	Direct
2007-06-13	Stock Option Right to Buy	$13.19	M	24000	Disposed	2014-08-02	Common stock par value $.10 per share (24000)	Direct
2007-06-13	Stock Option Right to Buy	$35.90	M	5000	Disposed	2010-08-02	Common stock par value $.10 per share (5000)	Direct

Footnotes

F1: Exercise of previously granted stock option.