SEC Form 4 · accession 0001213265-15-000017
COMTECH TELECOMMUNICATIONS CORP /DE/ · CMTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ira Kaplan
Director
Period of report
Apr 14, 2015
Accepted (ET)
Apr 16, 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 14, 2015 | M | 15,000 | $28.84 | A | 19,009 | D | |
| Common Stock Par Value $.10 per shareF1 | Apr 14, 2015 | S | 15,000 | $31.53 | D | 4,009 | 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 BuyF2 | $28.84 | Apr 14, 2015 | M | 15,000 | D | Jun 2, 2011 | Jun 2, 2015 | Common stock par value $.10 per share | 15,000 | 15,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $31.55 to $31.65, 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.
- F2Exercise of a previously granted stock option.
- F3The underlying stock option was due to expire on June 2, 2015.