MICHAEL BONDI - 10 Aug 2021 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Signature
Michael Bondi
Issuer symbol
CMTL
Transactions as of
10 Aug 2021
Transactions value $
$0
Form type
4
Filing time
12 Aug 2021, 17:44:23 UTC
Previous filing
11 Aug 2021
Next filing
29 Sep 2021

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 +5,976 +45% $0 19,260 10 Aug 2021 Common Stock Par Value $.10 Per Share 5,976 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 grant of restricted stock units pursuant to the Company's 2000 Stock Incentive Plan, and represents 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 an employee. Shares of common stock corresponding to vested units will be delivered to the Reporting Person within 30 days of vesting.