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COMTECH TELECOMMUNICATIONS CORP /DE/ Director's Dealing 2008

Sep 17, 2008

10781_dirs_2008-09-17_b5688934-48c1-4f51-a198-0e0d713b4932.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2008-09-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-09-15 Stock Option (Right to Buy) M 3568 $3.58 Acquired 135942 Direct
2008-09-15 Stock Option (Right to Buy) M 54432 $11.67 Acquired 190374 Direct
2008-09-15 Stock Option (Right to Buy) M 63000 $13.19 Acquired 253374 Direct
2008-09-15 Stock Option (Right to Buy) M 30000 $26.90 Acquired 283374 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-09-15 Stock Option (Right to Buy) $3.58 M 3568 Disposed 2012-08-06 Common stock par value $.10 per share (3568) Direct
2008-09-15 Stock Option (Right to Buy) $11.67 M 54432 Disposed 2013-08-04 Common stock par value $.10 per share (54432) Direct
2008-09-15 Stock Option (Right to Buy) $13.19 M 63000 Disposed 2014-08-02 Common stock par value $.10 per share (63000) Direct
2008-09-15 Stock Option (Right to Buy) $26.90 M 30000 Disposed 2011-08-01 Common stock par value $.10 per share (30000) Direct

Footnotes

F1: Exercise of previously granted stock option.