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COMTECH TELECOMMUNICATIONS CORP /DE/ Director's Dealing 2017

Aug 11, 2017

10781_dirs_2017-08-11_2ba23337-9eae-4732-b9c2-665e79455ae9.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: BURT RICHARD L (Sr. Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-08-09 Common stock par value $.10 per share F 707 $18.24 Disposed 176334 Direct

Footnotes

F1: This transaction represents the vesting of 2,584 of the 12,923 restricted stock awards issued to the Reporting Person on August 9, 2016. The 707 reflected on this table represents the shares withheld to pay the Reporting Person's federal and Federal Insurance Contributions Act ("FICA") tax. The remaining 10,339 will vest in installments over a four year period, at a rate of 20% on the second through fifth anniversaries of grant, assuming continued service as an employee.