Doug Houston - 01 Nov 2024 Form 4 Insider Report for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Role
President, Antennas & Systems
Signature
/s/ Michael C. Shay, Attorney-in-Fact for Douglas Houston
Issuer symbol
CMTL
Transactions as of
01 Nov 2024
Transactions value $
$-1,635
Form type
4
Filing time
07 Nov 2024, 17:46:24 UTC
Previous 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 $0.10 Per Share Award +1,427 +16.2% 10,245 01 Nov 2024 Direct F1, F2
transaction CMTL Common Stock Par Value $0.10 Per Share Tax liability $-1,635 -562 -5.49% $2.91 9,683 01 Nov 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the issuance of Comtech Telecommunications Corp. common stock on November 1, 2024 as a result of the settlement of a Long Term Performance Share Award granted on February 4, 2022 in connection with the achievement of pre-established goals over the performance period ended July 31, 2024.
F2 Long Term Performance shares convert into common stock on a one-for-one basis.
F3 The 562 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.