KANTOR EDWIN 4
4 · COMTECH TELECOMMUNICATIONS CORP /DE/ · Filed Aug 11, 2017
Insider Transaction Report
Form 4
KANTOR EDWIN
Director
Transactions
- Award
Restricted Stock Units
2017-08-09+6,579→ 18,871 total→ Common stock par value $.10 per share (6,579 underlying)
Footnotes (2)
- [F1]This transaction represents the grant of restricted stock units pursuant to the Company's 2000 Stock Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit.
- [F2]Generally, the restricted stock units will vest in installments over a three year period, at a rate of 25% on the first and second anniversaries of grant and 50% on the third anniversary of grant, assuming continued service as a director. Shares of common stock corresponding to vested units will be delivered to the reporting person within 30 days of termination of directorship.