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COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2018
Aug 11, 2018
10781_dirs_2018-08-10_1d083334-9245-4112-add2-589653b56583.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: 2018-08-09
Reporting Person: PORCELAIN MICHAEL (Sr. Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-09 | Common stock par value $.10 per share | F | 1394 | $34.55 | Disposed | 68185 | Direct |
Footnotes
F1: This transaction represents the vesting of 2,846 of the 14,231 restricted stock awards issued to the Reporting Person on August 9, 2016. The 1,394 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 8,539 will vest in installments over a three year period, at a rate of 20% on the third through fifth anniversaries of grant, assuming continued service as an employee.
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