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: ROUSE ROBERT G (Exec. Vice President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-13	Common Stock Par Value $.10 per share	M	45000	$6.22	Acquired	56250	Direct
2007-06-13	Common Stock Par Value $.10 per share	M	4500	$6.33	Acquired	60750	Direct
2007-06-13	Common Stock Par Value $.10 per share	M	36000	$3.58	Acquired	96750	Direct
2007-06-13	Common Stock Par Value $.10 per share	M	24000	$11.67	Acquired	120750	Direct
2007-06-13	Common Stock Par Value $.10 per share	M	500	$13.19	Acquired	121250	Direct
2007-06-13	Common Stock Par Value $.10 per share	S	110000	$41.75	Disposed	11250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-13	Stock Option Right to Buy	$6.22	M	45000	Disposed	2011-07-16	Common stock par value $.10 per share (45000)	Direct
2007-06-13	Stock Option Right to Buy	$6.33	M	4500	Disposed	2011-08-07	Common stock par value $.10 per share (4500)	Direct
2007-06-13	Stock Option Right to Buy	$3.58	M	36000	Disposed	2012-08-06	Common stock par value $.10 per share (36000)	Direct
2007-06-13	Stock Option Right to Buy	$11.67	M	24000	Disposed	2013-08-04	Common stock par value $.10 per share (24000)	Direct
2007-06-13	Stock Option Right to Buy	$13.19	M	500	Disposed	2014-08-02	Common stock par value $.10 per share (500)	Direct

Footnotes

F1: Exercise of previously granted stock option.