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COMTECH TELECOMMUNICATIONS CORP /DE/ Director's Dealing 2022

Apr 4, 2022

10781_dirs_2022-04-04_572be99d-c65a-4746-9bc2-86d76a391c4b.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: 2022-03-31

Reporting Person: HEDDEN MARIA (Chief Operating Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-03-31 Restricted Stock Units $ A 2833 Acquired Common Stock Par Value $.10 Per Share (2833) Direct
2022-03-31 Restricted Stock Units $ A 25494 Acquired Common Stock Par Value $.10 Per Share (25494) 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.

F3: The restricted stock units are subject to cliff vesting on the fifth anniversary of grant, assuming continued service as an employee. Shares of common stock corresponding to the vested units will be delivered to the reporting person within 30 days of vesting.