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COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2018
Sep 26, 2018
10781_dirs_2018-09-26_bc21842d-bc0b-40d0-a1b9-312b0b6f6652.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: 2018-09-25
Reporting Person: PORCELAIN MICHAEL (Sr. Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-09-25 | Common Stock Par Value $0.10 Per Share | A | 9043 | — | Acquired | 78933 | Direct |
| 2018-09-25 | Common Stock Par Value $0.10 Per Share | F | 4429 | $34.73 | Disposed | 74504 | Direct |
Footnotes
F1: This transaction represents the issuance of Comtech Telecommunications Corp. common stock on September 25, 2018 as a result of the settlement of a Long Term Performance Share Award granted on August 4, 2015 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2018.
F2: Long Term Performance shares convert into common stock on a one-for-one basis.
F3: The 4,429 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state and Federal Insurance Contributions Act ("FICA") tax.