SEC Form 4 · accession 0001213265-15-000016
COMTECH TELECOMMUNICATIONS CORP /DE/ · CMTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edwin Kantor
Director
Period of report
Apr 10, 2015
Accepted (ET)
Apr 14, 2015 · 4:14 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 | Apr 10, 2015 | M | 15,000 | $28.84 | A | 25,375 | D | |
| Common Stock Par Value $.10 per shareF1 | Apr 10, 2015 | S | 10,000 | $31.57 | D | 15,375 | D | |
| Common Stock Par Value $.10 per shareF2 | Apr 13, 2015 | S | 2,473 | $31.64 | D | 12,902 | D | |
| Common Stock Par Value $.10 per shareF3 | Apr 14, 2015 | S | 2,527 | $31.51 | D | 10,375 | D |
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 BuyF4 | $28.84 | Apr 10, 2015 | M | 15,000 | D | Jun 2, 2010 | Jun 2, 2015 | Common stock par value $.10 per share | 15,000 | 30,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $31.50 to $31.70, inclusive. The reporting person undertakes to provide to Comtech Telecommunications Corp., any security holder of Comtech Telecommunications Corp., or the 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $31.60 to $31.68, inclusive. The reporting person undertakes to provide to Comtech Telecommunications Corp., any security holder of Comtech Telecommunications Corp., or the 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 ranging from $31.50 to $31.54, inclusive. The reporting person undertakes to provide to Comtech Telecommunications Corp., any security holder of Comtech Telecommunications Corp., or the 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.
- F4Exercise of previously granted stock option.
- F5The underlying stock option was due to expire on June 2, 2015.