FRED KORNBERG - 08 Aug 2021 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Chairman & CEO, Director
Signature
Fred Kornberg
Issuer symbol
CMTL
Transactions as of
08 Aug 2021
Net transactions value
-$48,337
Form type
4
Filing time
10 Aug 2021, 19:19:17 UTC
Previous filing
06 Aug 2021
Next filing
11 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 +3,462 +3% 117,017 08 Aug 2021 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability $48,337 -1,840 -1.6% $26.27 115,177 08 Aug 2021 Direct F3
holding CMTL Common Stock Par Value $.10 Per Share 308,860 08 Aug 2021 By GRAT

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 -3,462 -4.9% $0.000000 67,485 08 Aug 2021 Common stock par value $.10 per share 3,462 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 3,462 of the 17,307 restricted stock units issued to the Reporting Person on August 8, 2018.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The 1,840 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.