COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2012

Mar 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2012-03-12

Reporting Person: KONOPELKO LARRY (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-12	Common Stock Par Value $.10 per share	M	2000	$11.67	Acquired	13604.5	Direct
2012-03-12	Common Stock Par Value $.10 per share	M	6000	$13.19	Acquired	19604.5	Direct
2012-03-12	Common Stock Par Value $.10 per share	S	6000	$32.66	Disposed	13604.5	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-12	Stock Option Right to Buy	$11.67	M	2000	Disposed	2013-08-04	Common Stock Par Value $.10 per share (2000)	Direct
2012-03-12	Stock Option Right to Buy	$13.19	M	6000	Disposed	2014-08-02	Common Stock Par Value $.10 per share (6000)	Direct

Footnotes

F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $32.60 to $32.76, 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 sold at each separate price within the range set forth in this footnote.

F2: Exercise of previously granted stock option.