4//SEC Filing
HEDDEN MARIA 4
Accession 0001921161-24-000007
CIK 0000023197other
Filed
Jul 29, 8:00 PM ET
Accepted
Jul 30, 4:39 PM ET
Size
9.1 KB
Accession
0001921161-24-000007
Insider Transaction Report
Form 4
HEDDEN MARIA
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock Par Value $.10 Per Share
2024-07-27+45,384→ 57,404 total - Exercise/Conversion
Share Units
2024-07-27−45,384→ 0 total→ Common Stock Par Value $.10 Per Share (45,384 underlying) - Tax Payment
Common Stock Par Value $.10 Per Share
2024-07-27$3.40/sh−18,721$63,651→ 38,683 total
Footnotes (2)
- [F1]These transactions represent the net settlement of share units (see footnote #2) to withhold the Reporting Person's federal, state and local income taxes in connection with the conversion of share units previously awarded to the Reporting Person into shares of Comtech Telecommunications Corp.'s common stock. Share units are rights to convert solely into Comtech Telecommunications Corp. common stock on a one-for-one basis.
- [F2]The share units were issued last fiscal year 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 were fully vested upon grant and were automatically converted into Comtech Telecommunications Corp.'s common stock on the one-year anniversary of the grant date, which was July 27, 2024.
Documents
Issuer
COMTECH TELECOMMUNICATIONS CORP /DE/
CIK 0000023197
Entity typeother
Related Parties
1- filerCIK 0001921161
Filing Metadata
- Form type
- 4
- Filed
- Jul 29, 8:00 PM ET
- Accepted
- Jul 30, 4:39 PM ET
- Size
- 9.1 KB