Nancy Stallone - Aug 4, 2023 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Signature
Nancy Stallone
Stock symbol
CMTL
Transactions as of
Aug 4, 2023
Transactions value $
-$2,099
Form type
4
Date filed
8/7/2023, 08:22 PM
Previous filing
Aug 1, 2023
Next filing
Aug 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMTL Common Stock Par Value $.10 Per Share Options Exercise +480 +1.14% 42.6K Aug 4, 2023 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$2.1K -212 -0.5% $9.90 42.4K Aug 4, 2023 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CMTL Restricted Stock Units Options Exercise $0 -480 -5.89% $0.00 7.67K Aug 4, 2023 Common Stock Par Value $.10 Per Share 480 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the vesting of 480 of the 2,399 restricted stock units issued to the Reporting Person on August 4, 2020.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The 212 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.