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COMTECH TELECOMMUNICATIONS CORP /DE/ Director's Dealing 2015

Jan 29, 2015

10781_dirs_2015-01-28_19f11330-6556-4dc2-9080-11f2efa825a2.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: 2015-01-26

Reporting Person: Sloane Stanton D (Director, President and CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-01-26 Stock Option Right to Buy $33.76 A 25000 Acquired 2025-01-26 Common stock par value $.10 per share (25000) Direct
2015-01-26 Stock Option Right to Buy $33.76 A 25000 Acquired 2025-01-26 Common stock par value $.10 per share (25000) Direct
2015-01-26 Stock Option Right to Buy $33.76 A 25000 Acquired 2025-01-26 Common stock par value $.10 per share (25000) Direct
2015-01-26 Stock Option Right to Buy $33.76 A 25000 Acquired 2025-01-26 Common stock par value $.10 per share (25000) Direct
2015-01-26 Stock Option Right to Buy $33.76 A 25000 Acquired 2025-01-26 Common stock par value $.10 per share (25000) Direct
2015-01-26 Stock Option Right to Buy $33.76 A 5805 Acquired 2025-01-26 Common stock par value $.10 per share (5805) Direct
2015-01-26 Stock Option Right to Buy $33.76 A 5805 Acquired 2025-01-26 Common stock par value $.10 per share (5805) Direct
2015-01-26 Stock Option Right to Buy $33.76 A 5805 Acquired 2025-01-26 Common stock par value $.10 per share (5805) Direct
2015-01-26 Stock Option Right to Buy $33.76 A 5805 Acquired 2025-01-26 Common stock par value $.10 per share (5805) Direct
2015-01-26 Stock Option Right to Buy $33.76 A 5805 Acquired 2025-01-26 Common stock par value $.10 per share (5805) Direct
2015-01-26 Performance Shares $ A 1833 Acquired Common stock par value $.10 per share (1833) 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: Performance Shares are subject to a minimum financial performance criteria for the period beginning January 26, 2015 and ending July 31, 2015.

F3: Each share represents the contingent right to receive one share of common stock of Comtech Telecommunications Corp.

F4: In addition to financial performance criteria, Performance Shares are subject to Dr. Sloane's continuous employment with the Company through the date that the Executive Compensation Committee certifies the achievement of fiscal 2017 performance goals (within 75 days after the end of the Company's 2017 fiscal year end).