SEC Form 4 · accession 0000023197-17-000094
COMTECH TELECOMMUNICATIONS CORP /DE/ · CMTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Porcelain
Officer — Sr. Vice President & CFO
Period of report
Dec 12, 2017
Accepted (ET)
Dec 13, 2017 · 6:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000023197
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock Par Value $.10 Per ShareF2 | Dec 12, 2017 | S | 15,476 | $20.92 | D | 71,668 | D | |
| Common Stock Par Value $.10 Per ShareF3 | Dec 13, 2017 | S | 14,524 | $21.93 | D | 57,144 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold by the Reporting Person for tax planning purposes.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.90 to $20.97, inclusive. The Reporting Person undertakes to provide to Comtech Telecommunications Corp., any security holder of Comtech Telecommunications Corp., or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.93 to $21.94, inclusive. The Reporting Person undertakes to provide to Comtech Telecommunications Corp., any security holder of Comtech Telecommunications Corp., or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.