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COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2019
Aug 13, 2019
10781_dirs_2019-08-13_bb6d99f6-ad09-40b9-b5e9-fb702ddb4d73.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: 2019-08-09
Reporting Person: BRANSCUM JOHN (Sr. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-08-09 | Common stock par value $.10 per share | F | 1373 | $27.90 | Disposed | 38330 | Direct |
Footnotes
F1: This transaction represents the vesting of 2,769 of the 13,846 restricted stock awards issued to the Reporting Person on August 9, 2016. The 1,373 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 5,539 will vest in installments over a two year period, at a rate of 20% on the fourth and fifth anniversaries of grant, assuming continued service as an employee.
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