SEC Form 4 · accession 0000023197-18-000053
COMTECH TELECOMMUNICATIONS CORP /DE/ · CMTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Burt
Officer — Sr. Vice President
Period of report
Aug 9, 2018
Accepted (ET)
Aug 10, 2018 · 6:16 pm EDT
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 share | Aug 9, 2018 | F | 1,018 | $34.55 | D | 99,162 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction represents the vesting of 2,585 of the 12,923 restricted stock awards issued to the Reporting Person on August 9, 2016. The 1,018 reflected on this table represents the shares withheld to pay the Reporting Person's federal and Federal Insurance Contributions Act ("FICA") tax. The remaining 7,754 will vest in installments over a three year period, at a rate of 20% on the third through fifth anniversaries of grant, assuming continued service as an employee.