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COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2012
Mar 2, 2012
10781_dirs_2012-03-02_ffa83404-4df4-4dc8-bb93-25ba718bc674.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: 2012-02-29
Reporting Person: PAUL ROBERT G (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-29 | Stock Units | $ | A | 194 | Acquired | Common stock par value $.10 per share (194) | Direct |
Footnotes
F1: As permitted under the Comtech Telecommunications Corp. 2000 Stock Incentive Plan, as amended, the stock units are granted to the reporting person pursuant to his election to receive a portion of his annual non-employee director cash retainer for 2012 in the form of stock units. Each stock unit represents a contingent right to receive one share of common stock of Comtech Telecommunications Corp.
F2: The stock units are fully vested at the date of grant. Shares of common stock will be delivered to the reporting person within 30 days of termination of directorship.