Donald E. Walther - 11 Aug 2024 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
Chief Legal Officer
Signature
Donald E. Walther
Issuer symbol
CMTL
Transactions as of
11 Aug 2024
Transactions value $
-$6,213
Form type
4
Filing time
13 Aug 2024, 18:38:45 UTC
Previous filing
02 Aug 2024
Next filing
02 Oct 2024
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 +5.88K +27.87% 27K 11 Aug 2024 Direct F1
transaction CMTL Common Stock Par Value $.10 Per Share Tax liability -$6.21K -1.96K -7.26% $3.17 25K 11 Aug 2024 Direct F2

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 -5.88K -11.77% $0.00 44.1K 11 Aug 2024 Common Stock Par Value $.10 Per Share 5.88K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The 1,960 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.
F3 This transaction represents the vesting of 5,883 of the 17,648 restricted stock units issued to the Reporting Person on August 11, 2023.