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

Jul 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2014-07-02

Reporting Person: MCCOLLUM ROBERT L (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-02	Common Stock Par Value $.10 per share	M	36000	$13.19	Acquired	95619	Direct
2014-07-02	Common Stock Par Value $.10 per share	M	15000	$26.90	Acquired	110619	Direct
2014-07-02	Common Stock Par Value $.10 per share	F	29794	$37.52	Disposed	80825	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-02	Stock Option Right to Buy	$13.19	M	36000	Disposed	2014-08-02	Common stock par value $.10 per share (36000)	Direct
2014-07-02	Stock Option Right to Buy	$26.90	M	15000	Disposed	2014-08-01	Common stock par value $.10 per share (15000)	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