4//SEC Filing
COMTECH TELECOMMUNICATIONS CORP /DE/ 4
Accession 0001213265-13-000010
$CMTLCIK 0000023197operating
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 4:17 PM ET
Size
6.3 KB
Accession
0001213265-13-000010
Insider Transaction Report
Form 4
GOLDBERG RICHARD L
Director
Transactions
- Award
Restricted Stock Units
2013-06-05+2,076→ 5,243 total→ Common stock par value $.10 per share (2,076 underlying)
Footnotes (2)
- [F1]As required under the Comtech Telecommunications Corp. 2000 Stock Incentive Plan, as amended, the restricted stock units are granted to the reporting person in lieu of the annual automatic grant of 15,000 non-qualified stock options to enable the reporting person to meet the minimum stock ownership interest guidelines. Each restricted stock unit represents 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 the date 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.
Documents
Issuer
COMTECH TELECOMMUNICATIONS CORP /DE/
CIK 0000023197
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000023197
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 4:17 PM ET
- Size
- 6.3 KB