SEC Form 4 · accession 0001213265-15-000008
COMTECH TELECOMMUNICATIONS CORP /DE/ · CMTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanton D Sloane
Officer — President and CEO · Director
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 9:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000023197
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option Right to BuyF1 | $33.76 | Jan 26, 2015 | A | 25,000 | A | Jan 26, 2016 | Jan 26, 2025 | Common stock par value $.10 per share | 25,000 | 45,753 | D |
| Stock Option Right to BuyF1 | $33.76 | Jan 26, 2015 | A | 25,000 | A | Jan 26, 2017 | Jan 26, 2025 | Common stock par value $.10 per share | 25,000 | 70,753 | D |
| Stock Option Right to BuyF1 | $33.76 | Jan 26, 2015 | A | 25,000 | A | Jan 26, 2018 | Jan 26, 2025 | Common stock par value $.10 per share | 25,000 | 95,753 | D |
| Stock Option Right to BuyF1 | $33.76 | Jan 26, 2015 | A | 25,000 | A | Jan 26, 2019 | Jan 26, 2025 | Common stock par value $.10 per share | 25,000 | 120,753 | D |
| Stock Option Right to BuyF1 | $33.76 | Jan 26, 2015 | A | 25,000 | A | Jan 26, 2020 | Jan 26, 2025 | Common stock par value $.10 per share | 25,000 | 145,753 | D |
| Stock Option Right to BuyF1 | $33.76 | Jan 26, 2015 | A | 5,805 | A | Jan 26, 2016 | Jan 26, 2025 | Common stock par value $.10 per share | 5,805 | 151,558 | D |
| Stock Option Right to BuyF1 | $33.76 | Jan 26, 2015 | A | 5,805 | A | Jan 26, 2017 | Jan 26, 2025 | Common stock par value $.10 per share | 5,805 | 157,363 | D |
| Stock Option Right to BuyF1 | $33.76 | Jan 26, 2015 | A | 5,805 | A | Jan 26, 2018 | Jan 26, 2025 | Common stock par value $.10 per share | 5,805 | 163,168 | D |
| Stock Option Right to BuyF1 | $33.76 | Jan 26, 2015 | A | 5,805 | A | Jan 26, 2019 | Jan 26, 2025 | Common stock par value $.10 per share | 5,805 | 168,973 | D |
| Stock Option Right to BuyF1 | $33.76 | Jan 26, 2015 | A | 5,805 | A | Jan 26, 2020 | Jan 26, 2025 | Common stock par value $.10 per share | 5,805 | 174,778 | D |
| Performance SharesF2,F3,F4 | — | Jan 26, 2015 | A | 1,833 | A | — | — | Common stock par value $.10 per share | 1,833 | 1,833 | D |
Explanation of responses
- F1Option was granted under the Company's 2000 Stock Incentive Plan in consideration of services to be performed by the reporting person after the date of grant.
- F2Performance Shares are subject to a minimum financial performance criteria for the period beginning January 26, 2015 and ending July 31, 2015.
- F3Each share represents the contingent right to receive one share of common stock of Comtech Telecommunications Corp.
- F4In addition to financial performance criteria, Performance Shares are subject to Dr. Sloane's continuous employment with the Company through the date that the Executive Compensation Committee certifies the achievement of fiscal 2017 performance goals (within 75 days after the end of the Company's 2017 fiscal year end).