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COMTECH TELECOMMUNICATIONS CORP /DE/ Director's Dealing 2013

Jun 7, 2013

10781_dirs_2013-06-07_16dcf5e1-7168-4dcf-bb20-83d61e43db08.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: 2013-06-05

Reporting Person: O'Gara Patrick (V.P. of Tax and Secretary)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-06-05 Restricted Stock Units $ A 949 Acquired Common Stock Par Value $.10 Share (949) Direct
2013-06-05 Stock Option Right to Buy $26.08 A 1115 Acquired 2023-06-05 Common Stock Par Value $.10 Share (1115) Direct
2013-06-05 Stock Option Right to Buy $26.08 A 1115 Acquired 2023-06-05 Common Stock Par Value $.10 Share (1115) Direct
2013-06-05 Stock Option Right to Buy $26.08 A 1115 Acquired 2023-06-05 Common Stock Par Value $.10 Share (1115) Direct
2013-06-05 Stock Option Right to Buy $26.08 A 1115 Acquired 2023-06-05 Common Stock Par Value $.10 Share (1115) Direct
2013-06-05 Stock Option Right to Buy $26.08 A 1115 Acquired 2023-06-05 Common Stock Par Value $.10 Share (1115) Direct

Footnotes

F1: Restricted stock units were granted under the Company's 2000 Stock Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit.

F2: Generally, the restricted stock units will vest in installments over a five year period, at a rate of 20% on the first through fifth anniversaries of grant, assuming continued service as an employee. Shares of common stock corresponding to vested units will be delivered to the reporting person within 30 days of vesting.

F3: Option was granted under the Company's 2000 Stock Incentive Plan in consideration of services to be performed by the reporting person after the date of grant.