Yelena Simonyuk - 27 Jul 2023 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Signature
Yelena Simonyuk
Issuer symbol
CMTL
Transactions as of
27 Jul 2023
Net transactions value
+$35,756
Form type
4
Filing time
31 Jul 2023, 20:24:37 UTC
Previous filing
05 Jun 2023
Next filing
01 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMTL Common Stock Par Value $.10 Per Share Award $80,010 +7,993 +203% $10.01 11,923 27 Jul 2023 Direct F1
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability $44,254 -4,421 -37% $10.01 7,502 27 Jul 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions represent (i) the issuance of Comtech Telecommunications Corp. common stock in lieu of cash settlements based on the achievement of pre-established non-equity incentive goals for the fiscal year ending July 31, 2023, pursuant to the 2000 Stock Incentive Plan, and (ii) the net settlement of the common stock to withhold the Reporting Person's Federal Insurance Contributions Act ("FICA") tax and federal, state and local income taxes in connection with the award of the common stock to the Reporting Person.