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BONDI MICHAEL

Disclosed activity across 1 company

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24412
SEC CIK
0001274698

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
COMTECH TELECOMMUNICATIONS CORP /DE/CMTL · Entity 7226Chief Financial OfficerSeptember 30, 2026October 02, 2026

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

COMTECH TELECOMMUNICATIONS CORP /DE/

Report date September 30, 2026 · Filed October 02, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common Stock Par Value $.10 Per ShareSEC Table I · non-derivativeDirect159,286 Ending reported balance After 2026-09-30 transaction · row 2
2 source rows · reconciled sequence

Row 1 · 2026-09-30 · Exercise / conversion · Acquired 17,756 · Balance 168,351

F1: Restricted stock units convert into common stock on a one-for-one basis.

Row 2 · 2026-09-30 · Tax withholding · Disposed 9,065 · Balance 159,286

F2: The 9,065 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect165,781 Reported balance After 2026-09-30 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2026-09-30 · Exercise / conversion · Disposed 17,756 · Balance 165,781

F1: Restricted stock units convert into common stock on a one-for-one basis.

F3: This transaction represents the vesting of 17,756 of the 53,266 restricted stock units issued to the Reporting Person on September 30, 2024.

Filing footnotes · ownership attribution and instrument terms

F1: Restricted stock units convert into common stock on a one-for-one basis.

F2: The 9,065 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

F3: This transaction represents the vesting of 17,756 of the 53,266 restricted stock units issued to the Reporting Person on September 30, 2024.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
September 30, 2026 Filed Oct 2, 2026 01:01 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 17,756 $0.00 $0.00
Disclosure

SEC source: 0001274698-26-000012 · wk-form4_1790888457.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 165,781

Underlying: Common Stock Par Value $.10 Per Share · 17,756 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 17,756 of the 53,266 restricted stock units issued to the Reporting Person on September 30, 2024.

F3 · derivative.expiration_date: This transaction represents the vesting of 17,756 of the 53,266 restricted stock units issued to the Reporting Person on September 30, 2024.

Read SEC document
September 30, 2026 Filed Oct 2, 2026 01:01 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 9,065 $1.37 $12,419.05
Disclosure

SEC source: 0001274698-26-000012 · wk-form4_1790888457.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 159,286

F2 · kind: The 9,065 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
September 30, 2026 Filed Oct 2, 2026 01:01 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 17,756 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-26-000012 · wk-form4_1790888457.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 168,351

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
August 11, 2026 Filed Aug 12, 2026 22:14 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 10,321 $0.00 $0.00
Disclosure

SEC source: 0001274698-26-000008 · wk-form4_1786572888.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 183,537

Underlying: Common Stock Par Value $.10 Per Share · 10,321 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 10,321 of the 30,963 restricted stock units issued to the Reporting Person on August 11, 2023.

F3 · derivative.expiration_date: This transaction represents the vesting of 10,321 of the 30,963 restricted stock units issued to the Reporting Person on August 11, 2023.

Read SEC document
August 11, 2026 Filed Aug 12, 2026 22:14 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 5,269 $1.73 $9,115.37
Disclosure

SEC source: 0001274698-26-000008 · wk-form4_1786572888.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 150,595

F2 · kind: The 5,269 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 11, 2026 Filed Aug 12, 2026 22:14 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 10,321 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-26-000008 · wk-form4_1786572888.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 155,864

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
August 10, 2026 Filed Aug 11, 2026 20:39 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 1,196 $0.00 $0.00
Disclosure

SEC source: 0001274698-26-000003 · wk-form4_1786480768.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 193,858

Underlying: Common Stock Par Value $.10 Per Share · 1,196 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 1,196 of the 5,976 restricted stock units issued to the Reporting Person on August 10, 2021.

F3 · derivative.expiration_date: This transaction represents the vesting of 1,196 of the 5,976 restricted stock units issued to the Reporting Person on August 10, 2021.

Read SEC document
August 10, 2026 Filed Aug 11, 2026 20:39 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 611 $1.72 $1,050.92
Disclosure

SEC source: 0001274698-26-000003 · wk-form4_1786480768.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 145,543

F2 · kind: The 611 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 10, 2026 Filed Aug 11, 2026 20:39 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 1,196 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-26-000003 · wk-form4_1786480768.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 146,154

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
November 07, 2025 Filed Nov 12, 2025 22:47 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 2,561 $3.04 $7,785.44
Disclosure

SEC source: 0001274698-25-000017 · wk-form4_1762987677.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 144,958

F3 · kind: The 2,561 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
November 07, 2025 Filed Nov 12, 2025 22:47 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 GrantCommon Stock Par Value $.10 Per Share 5,015 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-25-000017 · wk-form4_1762987677.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 147,519

F1 · shares: This transaction represents the issuance of Comtech Telecommunications Corp. common stock on November 7, 2025 as a result of the settlement of a Long Term Performance Share Award granted on August 12, 2022 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2025.

F2 · price: Long Term Performance shares convert into common stock on a one-for-one basis.

Read SEC document
November 07, 2025 Filed Nov 12, 2025 22:46 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 GrantRestricted Stock Units · Derivative 148,026 $0.00 $0.00
Disclosure

SEC source: 0001274698-25-000016 · wk-form4_1762987583.xml · derivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 195,054

Underlying: Common Stock Par Value $.10 Per Share · 148,026 shares

Expires not disclosed

F1 · derivative.exercise_price: Restricted stock units were granted under the Company's 2023 Equity and Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit.

F2 · derivative.exercise_date: Generally, the restricted stock units will vest in installments over a three year period, at a rate of one-third on the first through third anniversaries of the grant, assuming continued service as an employee. Shares of common stock corresponding to vested units will be delivered to the Reporting Person within 60 days of vesting.

F2 · derivative.expiration_date: Generally, the restricted stock units will vest in installments over a three year period, at a rate of one-third on the first through third anniversaries of the grant, assuming continued service as an employee. Shares of common stock corresponding to vested units will be delivered to the Reporting Person within 60 days of vesting.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 21:27 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 17,755 $0.00 $0.00
Disclosure

SEC source: 0001274698-25-000012 · wk-form4_1759440429.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 47,028

Underlying: Common Stock Par Value $.10 Per Share · 17,755 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 17,755 of the 53,266 restricted stock units issued to the Reporting Person on September 30, 2024.

F3 · derivative.expiration_date: This transaction represents the vesting of 17,755 of the 53,266 restricted stock units issued to the Reporting Person on September 30, 2024.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 21:27 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 9,064 $2.58 $23,385.12
Disclosure

SEC source: 0001274698-25-000012 · wk-form4_1759440429.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 142,504

F2 · kind: The 9,064 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
September 30, 2025 Filed Oct 2, 2025 21:27 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 17,755 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-25-000012 · wk-form4_1759440429.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 151,568

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
August 12, 2025 Filed Aug 14, 2025 21:20 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 4,842 $0.00 $0.00
Disclosure

SEC source: 0001274698-25-000011 · wk-form4_1755206445.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 64,783

Underlying: Common Stock Par Value $.10 Per Share · 4,842 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 4,842 of the 14,527 restricted stock units issued to the Reporting Person on August 12, 2022.

F3 · derivative.expiration_date: This transaction represents the vesting of 4,842 of the 14,527 restricted stock units issued to the Reporting Person on August 12, 2022.

Read SEC document
August 12, 2025 Filed Aug 14, 2025 21:20 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 2,472 $2.08 $5,141.76
Disclosure

SEC source: 0001274698-25-000011 · wk-form4_1755206445.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 133,813

F2 · kind: The 2,472 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 12, 2025 Filed Aug 14, 2025 21:20 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 4,842 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-25-000011 · wk-form4_1755206445.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 136,285

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
August 11, 2025 Filed Aug 13, 2025 22:16 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 10,321 $0.00 $0.00
Disclosure

SEC source: 0001274698-25-000009 · wk-form4_1755123413.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 69,625

Underlying: Common Stock Par Value $.10 Per Share · 10,321 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 10,321 of the 30,963 restricted stock units issued to the Reporting Person on August 11, 2023.

F3 · derivative.expiration_date: This transaction represents the vesting of 10,321 of the 30,963 restricted stock units issued to the Reporting Person on August 11, 2023.

Read SEC document
August 11, 2025 Filed Aug 13, 2025 22:16 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 5,269 $1.99 $10,485.31
Disclosure

SEC source: 0001274698-25-000009 · wk-form4_1755123413.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 131,443

F2 · kind: The 5,269 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 11, 2025 Filed Aug 13, 2025 22:16 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 10,321 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-25-000009 · wk-form4_1755123413.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 136,712

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
August 10, 2025 Filed Aug 12, 2025 21:24 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 1,195 $0.00 $0.00
Disclosure

SEC source: 0001274698-25-000006 · wk-form4_1755033881.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 79,946

Underlying: Common Stock Par Value $.10 Per Share · 1,195 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 1,195 of the 5,976 restricted stock units issued to the Reporting Person on August 10, 2021.

F3 · derivative.expiration_date: This transaction represents the vesting of 1,195 of the 5,976 restricted stock units issued to the Reporting Person on August 10, 2021.

Read SEC document
August 10, 2025 Filed Aug 12, 2025 21:24 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 611 $2.01 $1,228.11
Disclosure

SEC source: 0001274698-25-000006 · wk-form4_1755033881.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 126,391

F2 · kind: The 611 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 10, 2025 Filed Aug 12, 2025 21:24 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 1,195 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-25-000006 · wk-form4_1755033881.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 127,002

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
August 04, 2025 Filed Aug 5, 2025 21:47 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 1,810 $0.00 $0.00
Disclosure

SEC source: 0001274698-25-000003 · wk-form4_1754430454.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 81,141

Underlying: Common Stock Par Value $.10 Per Share · 1,810 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 1,810 of the 9,050 restricted stock units issued to the Reporting Person on August 4, 2020.

F3 · derivative.expiration_date: This transaction represents the vesting of 1,810 of the 9,050 restricted stock units issued to the Reporting Person on August 4, 2020.

Read SEC document
August 04, 2025 Filed Aug 5, 2025 21:47 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 925 $2.05 $1,896.25
Disclosure

SEC source: 0001274698-25-000003 · wk-form4_1754430454.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 125,807

F2 · kind: The 925 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 04, 2025 Filed Aug 5, 2025 21:47 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 1,810 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-25-000003 · wk-form4_1754430454.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 126,732

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
November 01, 2024 Filed Nov 4, 2024 22:04 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 1,250 $2.91 $3,637.50
Disclosure

SEC source: 0001274698-24-000026 · wk-form4_1730757879.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 124,922

F3 · kind: The 1,250 shares reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
November 01, 2024 Filed Nov 4, 2024 22:04 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 GrantCommon Stock Par Value $.10 Per Share 2,447 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-24-000026 · wk-form4_1730757879.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 126,172

F1 · shares: This transaction represents the issuance of Comtech Telecommunications Corp. common stock on November 1, 2024 as a result of the settlement of a Long Term Performance Share Award granted on August 10, 2021 in connection with the achievement of pre-established goals over the three-year performance period ended July 31, 2024.

F2 · price: Long Term Performance shares convert into common stock on a one-for-one basis.

Read SEC document
September 30, 2024 Filed Oct 2, 2024 22:38 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 GrantRestricted Stock Units · Derivative 53,266 $0.00 $0.00
Disclosure

SEC source: 0001274698-24-000022 · wk-form4_1727908720.xml · derivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 82,951

Underlying: Common Stock Par Value $.10 Per Share · 53,266 shares

Expires not disclosed

F1 · derivative.exercise_price: Restricted stock units were granted under the Company's 2023 Equity and Incentive Plan, and represent the right to receive one share of common stock of Comtech Telecommunications Corp. upon vesting of the unit.

F2 · derivative.exercise_date: Generally, the restricted stock units will vest in installments over a three year period, at a rate of one-third on the first through third anniversaries of the grant, assuming continued service as an employee. Shares of common stock corresponding to vested units will be delivered to the Reporting Person within 60 days of vesting.

F2 · derivative.expiration_date: Generally, the restricted stock units will vest in installments over a three year period, at a rate of one-third on the first through third anniversaries of the grant, assuming continued service as an employee. Shares of common stock corresponding to vested units will be delivered to the Reporting Person within 60 days of vesting.

Read SEC document
August 12, 2024 Filed Aug 14, 2024 21:06 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 4,843 $0.00 $0.00
Disclosure

SEC source: 0001274698-24-000019 · wk-form4_1723669606.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,685

Underlying: Common Stock Par Value $.10 Per Share · 4,843 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 4,843 of the 14,527 restricted stock units issued to the Reporting Person on August 12, 2022.

F3 · derivative.expiration_date: This transaction represents the vesting of 4,843 of the 14,527 restricted stock units issued to the Reporting Person on August 12, 2022.

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August 12, 2024 Filed Aug 14, 2024 21:06 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 2,473 $2.93 $7,245.89
Disclosure

SEC source: 0001274698-24-000019 · wk-form4_1723669606.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 123,725

F2 · kind: The 2,473 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 12, 2024 Filed Aug 14, 2024 21:06 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 4,843 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-24-000019 · wk-form4_1723669606.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 126,198

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
August 11, 2024 Filed Aug 13, 2024 22:42 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 10,321 $0.00 $0.00
Disclosure

SEC source: 0001274698-24-000017 · wk-form4_1723588952.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 34,528

Underlying: Common Stock Par Value $.10 Per Share · 10,321 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 10,321 of the 30,963 restricted stock units issued to the Reporting Person on August 11, 2023.

F3 · derivative.expiration_date: This transaction represents the vesting of 10,321 of the 30,963 restricted stock units issued to the Reporting Person on August 11, 2023.

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August 11, 2024 Filed Aug 13, 2024 22:42 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 5,269 $3.17 $16,702.73
Disclosure

SEC source: 0001274698-24-000017 · wk-form4_1723588952.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 121,355

F2 · kind: The 5,269 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 11, 2024 Filed Aug 13, 2024 22:42 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 10,321 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-24-000017 · wk-form4_1723588952.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 126,624

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
August 10, 2024 Filed Aug 13, 2024 20:15 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 1,195 $0.00 $0.00
Disclosure

SEC source: 0001274698-24-000016 · wk-form4_1723580074.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,849

Underlying: Common Stock Par Value $.10 Per Share · 1,195 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 1,195 of the 5,976 restricted stock units issued to the Reporting Person on August 10, 2021.

F3 · derivative.expiration_date: This transaction represents the vesting of 1,195 of the 5,976 restricted stock units issued to the Reporting Person on August 10, 2021.

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August 10, 2024 Filed Aug 13, 2024 20:15 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 611 $3.17 $1,936.87
Disclosure

SEC source: 0001274698-24-000016 · wk-form4_1723580074.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 116,303

F2 · kind: The 611 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 10, 2024 Filed Aug 13, 2024 20:15 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 1,195 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-24-000016 · wk-form4_1723580074.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 116,914

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
August 09, 2024 Filed Aug 13, 2024 11:30 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 1,082 $0.00 $0.00
Disclosure

SEC source: 0001274698-24-000013 · wk-form4_1723548650.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,044

Underlying: Common Stock Par Value $.10 Per Share · 1,082 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 1,082 of the 5,410 restricted stock units issued to the Reporting Person on August 9, 2019.

F3 · derivative.expiration_date: This transaction represents the vesting of 1,082 of the 5,410 restricted stock units issued to the Reporting Person on August 9, 2019.

Read SEC document
August 09, 2024 Filed Aug 13, 2024 11:30 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 553 $3.17 $1,753.01
Disclosure

SEC source: 0001274698-24-000013 · wk-form4_1723548650.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 115,719

F2 · kind: The 553 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 09, 2024 Filed Aug 13, 2024 11:30 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 1,082 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-24-000013 · wk-form4_1723548650.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 116,272

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
August 04, 2024 Filed Aug 6, 2024 20:56 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionRestricted Stock Units · Derivative 1,810 $0.00 $0.00
Disclosure

SEC source: 0001274698-24-000010 · wk-form4_1722977754.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 47,126

Underlying: Common Stock Par Value $.10 Per Share · 1,810 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F3 · derivative.exercise_date: This transaction represents the vesting of 1,810 of the 9,050 restricted stock units issued to the Reporting Person on August 4, 2020.

F3 · derivative.expiration_date: This transaction represents the vesting of 1,810 of the 9,050 restricted stock units issued to the Reporting Person on August 4, 2020.

Read SEC document
August 04, 2024 Filed Aug 6, 2024 20:56 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 925 $2.98 $2,756.50
Disclosure

SEC source: 0001274698-24-000010 · wk-form4_1722977754.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 115,190

F2 · kind: The 925 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

Read SEC document
August 04, 2024 Filed Aug 6, 2024 20:56 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 1,810 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-24-000010 · wk-form4_1722977754.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 116,115

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert into common stock on a one-for-one basis.

Read SEC document
July 31, 2024 Filed Aug 2, 2024 21:40 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 11,818 $3.24 $38,290.32
Disclosure

SEC source: 0001274698-24-000007 · wk-form4_1722634822.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 114,305

F1 · kind: These transactions represent (i) the issuance of Comtech Telecommunications Corp. common stock in lieu of cash settlements based on the achievement of pre-established non-equity incentive goals for the fiscal year ending July 31, 2024, pursuant to the 2023 Equity and Incentive Plan, and (ii) the net settlement of the common stock to withhold the Reporting Person's Federal Insurance Contributions Act ("FICA") tax and federal, state and local income taxes in connection with the award of the common stock to the Reporting Person.

Read SEC document
July 31, 2024 Filed Aug 2, 2024 21:40 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 GrantCommon Stock Par Value $.10 Per Share 23,149 $3.24 $75,002.76
Disclosure

SEC source: 0001274698-24-000007 · wk-form4_1722634822.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 126,123

F1 · kind: These transactions represent (i) the issuance of Comtech Telecommunications Corp. common stock in lieu of cash settlements based on the achievement of pre-established non-equity incentive goals for the fiscal year ending July 31, 2024, pursuant to the 2023 Equity and Incentive Plan, and (ii) the net settlement of the common stock to withhold the Reporting Person's Federal Insurance Contributions Act ("FICA") tax and federal, state and local income taxes in connection with the award of the common stock to the Reporting Person.

Read SEC document
July 27, 2024 Filed Jul 30, 2024 20:35 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionShare Units · Derivative 58,789 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-24-000004 · wk-form4_1722371728.xml · derivative · entry 3

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock Par Value $.10 Per Share · 58,789 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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.

F1 · price: 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 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

Read SEC document
July 27, 2024 Filed Jul 30, 2024 20:35 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Tax withholdingCommon Stock Par Value $.10 Per Share 28,631 $3.40 $97,345.40
Disclosure

SEC source: 0001274698-24-000004 · wk-form4_1722371728.xml · nonDerivative · entry 2

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 102,974

Read SEC document
July 27, 2024 Filed Jul 30, 2024 20:35 UTC COMTECH TELECOMMUNICATIONS CORP /DE/ CMTL · Entity 7226 Exercise / conversionCommon Stock Par Value $.10 Per Share 58,789 Not disclosed Not disclosed
Disclosure

SEC source: 0001274698-24-000004 · wk-form4_1722371728.xml · nonDerivative · entry 1

BONDI MICHAEL · CIK 0001274698 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 131,605

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.