FRED KORNBERG - 09 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
09 Aug 2021
Net transactions value
-$62,664
Form type
4
Filing time
11 Aug 2021, 16:59:35 UTC
Previous filing
10 Aug 2021
Next filing
12 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 +4,516 +4% 118,448 09 Aug 2021 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability $62,664 -2,400 -2% $26.11 116,048 09 Aug 2021 Direct F3
holding CMTL Common Stock Par Value $.10 Per Share 308,860 09 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 -4,516 -7.4% $0.000000 56,829 09 Aug 2021 Common stock par value $.10 per share 4,516 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 4,516 of the 22,581 restricted stock units issued to the Reporting Person on August 9, 2019.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The 2,400 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.