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COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2019
Sep 27, 2019
10781_dirs_2019-09-26_848a9af2-0a59-4fe1-828d-886d3df46068.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: 2019-09-24
Reporting Person: KORNBERG FRED (Director, Chairman, CEO & President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-09-24 | Common Stock Par Value $0.10 Per Share | A | 51490 | — | Acquired | 369982 | Direct |
| 2019-09-24 | Common Stock Par Value $0.10 Per Share | F | 25215 | $29.82 | Disposed | 344767 | Direct |
Footnotes
F1: This transaction represents the issuance of Comtech Telecommunications Corp. common stock on September 24, 2019 as a result of the settlement of a Long Term Performance Share Award granted on August 9, 2016 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2019.
F2: Long Term Performance shares convert into common stock on a one-for-one basis.
F3: The 25,215 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state and Federal Insurance Contributions Act ("FICA") tax.