MARIA HEDDEN - 31 Mar 2023 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Chief Operating Officer
Signature
MARIA HEDDEN
Issuer symbol
CMTL
Transactions as of
31 Mar 2023
Transactions value $
-$2,396
Form type
4
Filing time
03 Apr 2023, 20:02:48 UTC
Previous filing
15 Aug 2022
Next filing
15 Jun 2023
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 +566 +12.2% 5,206 31 Mar 2023 Direct F2
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$2,396 -192 -3.69% $12.48 5,014 31 Mar 2023 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 -566 -1.43% $0 38,906 31 Mar 2023 Common Stock Par Value $.10 Per Share 566 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 566 of the 2,833 restricted stock units issued to the Reporting Person on March 31, 2022.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The 192 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.