SEC Form 4 · accession 0001213265-15-000051
COMTECH TELECOMMUNICATIONS CORP /DE/ · CMTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick O'Gara
Officer — V.P. of Tax and Secretary
Period of report
Oct 2, 2015
Accepted (ET)
Oct 6, 2015 · 4:11 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 ShareF1 | Oct 2, 2015 | M | 249 | — | A | 7,869 | D | |
| Common Stock Par Value $.10 Share | Oct 2, 2015 | F | 93 | $21.51 | D | 7,776 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF1,F2 | — | Oct 2, 2015 | M | 249 | D | — | — | Common Stock Par Value $.10 Share | 249 | 498 | D |
Explanation of responses
- F1Performance shares convert into common stock on a one-for-one basis.
- F220% of the 1,244 performance shares issued to the Reporting Person on June 6, 2012 have vested. 40% had previously vested and the remaining 40% will vest 20% per year on the third and fourth anniversaries of October 2, 2013, assuming continued service through the vesting date.