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COMTECH TELECOMMUNICATIONS CORP /DE/ Director's Dealing 2017

Aug 11, 2017

10781_dirs_2017-08-11_bfab6242-9fee-40c3-a56c-7bdb845bb2f0.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: 2017-08-09

Reporting Person: PAUL ROBERT G (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-08-09 Restricted Stock Units $ A 6579 Acquired Common stock par value $.10 per share (6579) Direct

Footnotes

F1: This transaction represents the grant of restricted stock units pursuant to the Company's 2000 Stock Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit.

F2: Generally, the restricted stock units will vest in installments over a three year period, at a rate of 25% on the first and second anniversaries of grant and 50% on the third anniversary of grant, assuming continued service as a director. Shares of common stock corresponding to vested units will be delivered to the reporting person within 30 days of termination of directorship.