COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2022

Jan 6, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2022-01-03

Reporting Person: KORNBERG FRED (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-03	Common Stock Par Value $0.10 Per Share	A	52171	—	Acquired	256039	Direct
2022-01-03	Common Stock Par Value $0.10 Per Share	F	2310	$23.96	Disposed	253729	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock Par Value $0.10 Per Share	260993	Indirect

Footnotes

F1: Restricted stock awards 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.

F2: The restricted stock will vest 1/12 on the Grant Date and in 11 equal monthly installments thereafter from the grant date, assuming continued service as a consultant. Shares of common stock corresponding to vested awards will be delivered to the Reporting Person within 30 days of vesting.

F3: This transaction represents the vesting of 4,347 of the 52,171 restricted stock awards issued to the Reporting Person on January 3, 2022. The 2,310 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 47,824 will vest monthly on the anniversary of grant, assuming continued service as a consultant.