Nancy Stallone - 04 Aug 2023 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role: Treasurer and Secretary
Signature: Nancy Stallone
Issuer symbol: CMTL
Transactions as of: 04 Aug 2023
Transactions value $: -$2,099
Form type: 4
Filing time: 07 Aug 2023, 20:22:04 UTC
Previous filing: 01 Aug 2023
Next filing: 09 Aug 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		+480	+1.14%		42.6K	04 Aug 2023	Direct	F2
transaction	CMTL	Common Stock Par Value $.10 Per Share	Tax liability	-$2.1K	-212	-0.5%	$9.90	42.4K	04 Aug 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	-480	-5.89%	$0.00	7.67K	04 Aug 2023	Common Stock Par Value $.10 Per Share	480		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 480 of the 2,399 restricted stock units issued to the Reporting Person on August 4, 2020.
F2	Restricted stock units convert into common stock on a one-for-one basis.
F3	The 212 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.