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COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2021
Sep 29, 2021
10781_dirs_2021-09-29_8cadb01e-022b-465a-ba4d-d9bd249ffb59.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: 2021-09-27
Reporting Person: PORCELAIN MICHAEL (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-27 | Common Stock Par Value $0.10 Per Share | A | 3951 | — | Acquired | 142040 | Direct |
| 2021-09-27 | Common Stock Par Value $0.10 Per Share | F | 2100 | $26.09 | Disposed | 139940 | Direct |
Footnotes
F1: This transaction represents the issuance of Comtech Telecommunications Corp. common stock on September 27, 2021 as a result of the settlement of a Long Term Performance Share Award granted on October 4, 2018 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2021.
F2: Long Term Performance shares convert into common stock on a one-for-one basis.
F3: The 2,100 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state and Federal Insurance Contributions Act ("FICA") tax.