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

Jun 6, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2014-06-04

Reporting Person: BONDI MICHAEL (Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-05	Common Stock Par Value $.10 per share	M	189	—	Acquired	10241	Direct
2014-06-05	Common Stock Par Value $.10 per share	F	77	$32.99	Disposed	10164	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-04	Stock Option Right to Buy	$31.44	A	2110	Acquired	2024-06-04	Common Stock par value $.10 per share (2110)	Direct
2014-06-04	Stock Option Right to Buy	$31.44	A	2110	Acquired	2024-06-04	Common Stock par value $.10 per share (2110)	Direct
2014-06-04	Stock Option Right to Buy	$31.44	A	2110	Acquired	2024-06-04	Common Stock par value $.10 per share (2110)	Direct
2014-06-04	Stock Option Right to Buy	$31.44	A	2110	Acquired	2024-06-04	Common Stock par value $.10 per share (2110)	Direct
2014-06-04	Stock Option Right to Buy	$31.44	A	2110	Acquired	2024-06-04	Common Stock par value $.10 per share (2110)	Direct
2014-06-05	Restricted Stock Units	$	M	189	Disposed		Common Stock par value $.10 per share (189)	Direct

Footnotes

F1: 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.

F2: Restricted stock units convert into common stock on a one-for-one basis.

F3: 20% of the 949 restricted stock units issued to the Reporting Person on June 5, 2013 have vested. The remaining 80% will vest 20% per year on the second through fifth anniversaries of grant, assuming continued service as an employee.