SEC Form 4 · accession 0001213265-16-000055
COMTECH TELECOMMUNICATIONS CORP /DE/ · CMTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy Stallone
Officer — Vice President of Finance
Period of report
Jun 5, 2016
Accepted (ET)
Jun 7, 2016 · 7:54 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 shareF1 | Jun 5, 2016 | M | 190 | — | A | 8,514 | D | |
| Common Stock Par Value $.10 per share | Jun 5, 2016 | F | 69 | $23.24 | D | 8,445 | 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 UnitsF1,F2 | — | Jun 5, 2016 | M | 190 | D | — | — | Common Stock Par Value $.10 per share | 190 | 380 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F220% of the 949 restricted stock units issued to the Reporting Person on June 5, 2013 have vested. 40% had previously vested and the remaining 40% will vest 20% per year on the fourth and fifth anniversaries of grant, assuming continued service as an employee.