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COMTECH TELECOMMUNICATIONS CORP /DE/ Director's Dealing 2018

Aug 11, 2018

10781_dirs_2018-08-10_6bf98aeb-8839-49d1-952b-71b15ff1da63.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: KORNBERG FRED (Director, Chairman, CEO & President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-08-09 Common stock par value $.10 per share F 3799 $34.55 Disposed 482603 Direct

Footnotes

F1: This transaction represents the vesting of 7,757 of the 38,783 restricted stock awards issued to the Reporting Person on August 9, 2016. The 3,799 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 23,270 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.