MICHAEL BONDI - 12 Aug 2023 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role: Chief Financial Officer
Signature: Michael Bondi
Issuer symbol: CMTL
Transactions as of: 12 Aug 2023
Transactions value $: -$23,113
Form type: 4
Filing time: 14 Aug 2023, 22:12:31 UTC
Previous filing: 15 Aug 2023
Next filing: 04 Oct 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		+4.84K	+7.07%		73.3K	12 Aug 2023	Direct	F2
transaction	CMTL	Common Stock Par Value $.10 Per Share	Tax liability	-$23.1K	-2.47K	-3.37%	$9.35	70.9K	12 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	-4.84K	-20.83%	$0.00	18.4K	12 Aug 2023	Common Stock Par Value $.10 Per Share	4.84K		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 4,842 of the 14,527 restricted stock units issued to the Reporting Person on August 12, 2022.
F2	Restricted stock units convert into common stock on a one-for-one basis.
F3	The 2,472 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.