COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2015

Apr 14, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2015-04-10

Reporting Person: KANTOR EDWIN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-10	Common Stock Par Value $.10 per share	M	15000	$28.84	Acquired	25375	Direct
2015-04-10	Common Stock Par Value $.10 per share	S	10000	$31.57	Disposed	15375	Direct
2015-04-13	Common Stock Par Value $.10 per share	S	2473	$31.64	Disposed	12902	Direct
2015-04-14	Common Stock Par Value $.10 per share	S	2527	$31.51	Disposed	10375	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-04-10	Stock Option Right to Buy	$28.84	M	15000	Disposed	2015-06-02	Common stock par value $.10 per share (15000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $31.50 to $31.70, inclusive. The reporting person undertakes to provide to Comtech Telecommunications Corp., any security holder of Comtech Telecommunications Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $31.60 to $31.68, inclusive. The reporting person undertakes to provide to Comtech Telecommunications Corp., any security holder of Comtech Telecommunications Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $31.50 to $31.54, inclusive. The reporting person undertakes to provide to Comtech Telecommunications Corp., any security holder of Comtech Telecommunications Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: Exercise of previously granted stock option.

F5: The underlying stock option was due to expire on June 2, 2015.