COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2011

Jul 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2011-07-27

Reporting Person: KANTOR EDWIN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-27	Common Stock Par Value $.10 per share	M	12500	$26.90	Acquired	15000	Direct
2011-07-27	Common Stock Par Value $.10 per share	S	12500	$27.69	Disposed	2500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-27	Stock Option Right to Buy	$26.90	M	12500	Disposed	2011-08-01	Common stock par value $.10 per share (12500)	Direct

Footnotes

F1: The stock option exercise and related sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan previously adopted by the reporting person. The underlying stock option was due to expire on August 1, 2011.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $27.47 to $28.17, inclusive. The reporting person undertakes to provide to Comtech Telecommunications Corp., any security holder of Comtech Telecommunications Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3: Exercise of previously granted stock option.