Judy Chambers - 01 Aug 2021 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Director
Signature
Judy Chambers
Issuer symbol
CMTL
Transactions as of
01 Aug 2021
Transactions value $
$0
Form type
4
Filing time
03 Aug 2021, 21:08:23 UTC
Next filing
12 Aug 2021
SEC
View on sec.gov

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 Award $0 +26 $0 26 01 Aug 2021 Common Stock Par Value $.10 Per Share 26 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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 a director. Shares of common stock corresponding to vested units will be delivered to the Reporting Person within 30 days of termination of directorship.