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COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2015
Oct 6, 2015
10781_dirs_2015-10-06_d908f2fe-d9dd-4e12-a7cf-49cc83310d44.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: 2015-10-02
Reporting Person: BURT RICHARD L (Sr. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-10-02 | Common Stock Par Value $.10 Per Share | M | 348 | — | Acquired | 159891 | Direct |
| 2015-10-02 | Common Stock Par Value $.10 Per Share | F | 96 | $21.51 | Disposed | 159795 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-10-02 | Performance Shares | $ | M | 348 | Disposed | Common stock par value $.10 per share (348) | Direct |
Footnotes
F1: Performance shares convert into common stock on a one-for-one basis.
F2: 20% of the 1,741 performance shares issued to the Reporting Person on June 6, 2012 have vested. 40% had previously vested and the remaining 40% will vest 20% per year on the third and fourth anniversaries of October 2, 2013, assuming continued service through the vesting date.
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