SEC Form 4 · accession 0000023197-18-000057
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
Aug 9, 2018
Accepted (ET)
Aug 10, 2018 · 6:20 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 shareF2 | Aug 9, 2018 | M | 2,445 | — | A | 70,630 | D | |
| Common Stock Par Value $.10 per share | Aug 9, 2018 | F | 1,198 | $34.55 | D | 69,432 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Aug 9, 2018 | M | 2,445 | D | — | — | Common stock par value $.10 per share | 2,445 | 16,632 | D |
Explanation of responses
- F1This transaction represents the vesting of 2,445 of the 12,226 restricted stock units issued to the Reporting Person on August 9, 2017.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3The 1,198 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.