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COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2015
Sep 25, 2015
10781_dirs_2015-09-25_63ff89ea-fd59-4d72-864d-fc6d879f97b9.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: 2015-09-23
Reporting Person: KORNBERG FRED (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-09-23 | Common stock par value $.10 per share | M | 2156 | — | Acquired | 426882 | Direct |
| 2015-09-23 | Common stock par value $.10 per share | F | 798 | $26.11 | Disposed | 426084 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-09-23 | Performance Shares | $ | M | 2156 | Disposed | Common stock par value $.10 per share (2156) | Direct |
Footnotes
F1: Performance shares convert into common stock on a one-for-one basis.
F2: 20% of the 10,781 performance shares issued to the Reporting Person on June 5, 2013 have vested. 20% had previously vested on September 23, 2014, and the remaining 60% will vest 20% per year on the second through fourth anniversaries of September 23, 2014, assuming continued service through the vesting date.
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