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COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2022
Oct 4, 2022
10781_dirs_2022-10-03_44f5fb54-c321-4828-ac90-135093287204.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2022-09-28
Reporting Person: Simonyuk Yelena (Chief Legal Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock Par Value $.10 Per Share | 3714 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock Par Value $.10 Per Share (127) | Direct | ||
| Restricted Stock Units | $ | Common Stock Par Value $.10 Per Share (431) | Direct | ||
| Restricted Stock Units | $ | Common Stock Par Value $.10 Per Share (1080) | Direct | ||
| Restricted Stock Units | $ | Common Stock Par Value $.10 Per Share (1030) | Direct | ||
| Restricted Stock Units | $ | Common Stock Par Value $.10 Per Share (3128) | Direct | ||
| Share Units | $ | Common Stock Par Value $.10 Per Share (1437) | Direct |
Footnotes
F1: Assuming continued service as an employee, the restricted stock units vest in equal increments on June 4, 2023 and June 4, 2024.
F2: Assuming continued service as an employee, the restricted stock units vest in equal increments on August 9, 2023 and August 9, 2024.
F3: Assuming continued service as an employee, the restricted stock units vest in equal increments on August 4, 2023, August 4, 2024 and August 4, 2025.
F4: Assuming continued service as an employee, the restricted stock units vest in equal increments on August 10, 2023, August 10, 2024, August 10, 2025 and August 10, 2026.
F5: Assuming continued service as an employee, the restricted stock units vest at a rate of 33 1/3% on August 12, 2023, August 12, 2024 and August 12, 2025.
F6: Share units are rights to convert solely into Comtech Telecommunications Corp. common stock on a one-for-one basis. The share units were issued in lieu of cash settlements based on the achievement of pre-established non-equity incentive goals for the fiscal year ending July 31, 2022, pursuant to the 2000 Stock Incentive Plan. These share units are fully vested, are subject to certain transfer restrictions, and will be converted into Comtech Telecommunications Corp. common stock following the one-year anniversary of the grant date which will occur on July 28, 2023.
F7: Restricted stock units were granted under the Company's 2000 Stock Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit.