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

Jun 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2011-06-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-14	Common Stock Par Value $0.10 Per Share	M	90	$13.19	Acquired	32495	Direct
2011-06-14	Common Stock Par Value $0.10 Per Share	P	2200	$23.91	Acquired	34695	Direct
2011-06-14	Common Stock Par Value $0.10 Per Share	P	725	$23.91	Acquired	35420	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-14	Stock Option Right to Buy	$13.19	M	90	Disposed	2014-08-02	Common Stock Par Value $.10 Per Share (90)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $23.91 to $23.92, 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.

F2: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $23.90 to $23.91, 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