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COMTECH TELECOMMUNICATIONS CORP /DE/ Director's Dealing 2021

Aug 12, 2021

10781_dirs_2021-08-12_8fd2c26f-d9c9-4276-b8b9-2ff0379dc5af.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: 2021-08-10

Reporting Person: PORCELAIN MICHAEL (President & COO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-08-10 Restricted Stock Units $ A 15519 Acquired Common Stock Par Value $.10 Per Share (15519) Direct

Footnotes

F1: This transaction represents the grant of restricted stock units pursuant to the Company's 2000 Stock Incentive Plan, and represents the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit.

F2: Generally, the restricted stock units will vest in installments over a five year period, at a rate of 20% on the first through fifth anniversaries of grant, assuming continued service as an employee. Shares of common stock corresponding to vested units will be delivered to the Reporting Person within 30 days of vesting.