MICHAEL BONDI - 04 Aug 2021 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role: Chief Financial Officer
Signature: Michael Bondi
Issuer symbol: CMTL
Transactions as of: 04 Aug 2021
Transactions value $: -$23,781
Form type: 4
Filing time: 06 Aug 2021, 16:32:46 UTC
Previous filing: 03 Aug 2021
Next filing: 10 Aug 2021
SEC: View on sec.gov

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		+1,810	+5%		37,835	04 Aug 2021	Direct	F2
transaction	CMTL	Common Stock Par Value $.10 Per Share	Tax liability	-$23,780	-962	-2.5%	$24.72	36,873	04 Aug 2021	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	-1,810	-10%	$0	15,471	04 Aug 2021	Common Stock par value $.10 per share	1,810		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 1,810 of the 9,050 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 962 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.