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COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2017
Aug 11, 2017
10781_dirs_2017-08-11_afdbfa00-c5cc-485f-81e9-bf2933b38768.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: KORNBERG FRED (Director, Chairman, CEO & 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 | 4000 | $18.24 | Disposed | 478435 | Direct |
Footnotes
F1: This transaction represents the vesting of 7,756 of the 38,783 restricted stock awards issued to the Reporting Person on August 9, 2016. The 4,000 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state and Federal Insurance Contributions Act ("FICA") tax. The remaining 31,027 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.
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