COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2014

Dec 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2014-11-28

Reporting Person: Sloane Stanton D (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-28	Stock Units	$	A	165	Acquired		Common stock par value $.10 per share (165)	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 2014 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.