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

Aug 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2014-08-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-01	Common Stock Par Value $.10 Per Share	M	8313	$13.19	Acquired	61184	Direct
2014-08-01	Common Stock Par Value $.10 Per Share	M	25000	$26.90	Acquired	86184	Direct
2014-08-01	Common Stock Par Value $.10 Per Share	F	23203	$33.71	Disposed	62981	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-01	Stock Option Right to Buy	$13.19	M	8313	Disposed	2014-08-02	Common Stock Par Value $.10 Per Share (8313)	Direct
2014-08-01	Stock Option Right to Buy	$26.90	M	25000	Disposed	2014-08-01	Common Stock Par Value $.10 Per Share (25000)	Direct

Footnotes

F1: Exercise of previously granted stock option.

F2: The underlying stock option was due to expire on August 2, 2014.

F3: The underlying stock option was due to expire on August 1, 2014.