Peterman Ken Allen 4

4 · COMTECH TELECOMMUNICATIONS CORP /DE/ · Filed Jul 31, 2023

Form 4

Period: 2023-07-27

Director

Transactions

Tax Payment
Common Stock Par Value $.10 Per Share
2023-07-27$10.01/sh−5,094$50,991→ 49,400 total
Award
Share Units
2023-07-27+131,119→ 131,119 total
→ Common Stock Par Value $.10 Per Share (131,119 underlying)
Exercise/Conversion
Share Units
2023-07-27−5,094→ 126,025 total
→ Common Stock Par Value $.10 Per Share (5,094 underlying)
Exercise/Conversion
Common Stock Par Value $.10 Per Share
2023-07-27+5,094→ 54,494 total

Footnotes (2)

[F1]These transactions represent the net settlement of share units (see footnote #2) to withhold the Reporting Person's Federal Insurance Contributions Act ("FICA") tax and certain federal and state income taxes.
[F2]Share units are rights to convert solely into Comtech Telecommunications Corp. common stock on a one-for-one basis. The share units were issued in lieu of cash settlements based on the achievement of pre-established non-equity incentive goals for the fiscal year ending July 31, 2023, pursuant to the 2000 Stock Incentive Plan. These share units are fully vested, are subject to certain transfer restrictions, and will be converted into Comtech Telecommunications Corp. common stock following the one-year anniversary of the grant date which will occur on July 27, 2024.

Documents

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