UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 4
TO
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Comtech Telecommunications Corp.
--------------------------------
(Name of Issuer)
Common Stock, par value $.10 per share
--------------------------------------
(Title of Class of Securities)
20582620900
-----------
(CUSIP Number)
Thomas E. Constance, Esq.
Kramer, Levin, Naftalis & Frankel
919 Third Avenue
New York, New York 10022
(212) 715-9100
--------------
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
November 4, 1998
-----------
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box: |_|
Page 1 of 9 pages
<PAGE>
SCHEDULE 13D
CUSIP No. 20582620900 Page 2 of 9 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James A. Mitarotonda
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) SEE ITEM 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 39,700 (See Item 5)
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
39,700 (See Item 5)
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,700 (See Item 5)
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [_]
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.5% (See Item 5)
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
CUSIP No. 20582620900 Page 3 of 9 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Edmund H. Shea, Jr.
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) SEE ITEM 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 45,528 (See Item 5)
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
45,528 (See Item 5)
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,528 (See Item 5)
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [_]
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.7% (See Item 5)
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
CUSIP No. 20582620900 Page 4 of 9 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Barington Capital Group, L.P.
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) SEE ITEM 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 45,215 (See Item 5)
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
45,215 (See Item 5)
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,215 (See Item 5)
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [_]
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.7% (See Item 5)
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
Page 5 of 9 Pages
SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER.
This Amendment No. 4 to a Statement on Schedule 13D (the "Statement")
relates to the sale by Edmund H. Shea, Jr. ("Mr. Shea") of shares of Common
Stock, par value $.10 per share (the "Common Stock"), of Comtech
Telecommunications Corp., a Delaware corporation (the "Company"), the sale by
Barington Capital Group, L.P. ("Barington") of shares of Common Stock of the
Company and the sale by James A. Mitarotonda ("Mr. Mitarotonda") of shares of
Common Stock of the Company. The information set forth in Item 1 of Amendment
No. 1 to the Statement ("Amendment 1") is incorporated herein by reference.
ITEM 2. IDENTITY AND BACKGROUND.
The information set forth in Item 2 of Amendment 1 and Schedule 1 to
Amendment No. 2 to the Statement ("Amendment 2") is incorporated herein by
reference.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Except as set forth below, the information set forth in Item 3 of each
of Amendment 1, Amendment 2 and Amendment 3 to the Statement ("Amendment 3") is
incorporated herein by reference.
ITEM 4. PURPOSE OF TRANSACTION.
The information set forth in Item 4 of each of Amendment 1, Amendment 2
and Amendment 3 is incorporated herein by reference.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Except as set forth below, the information set forth in Item 5 of each
of Amendment 1, Amendment 2 and Amendment 3 is incorporated herein by reference.
"A. Mr. Mitarotonda
(a) Mr. Mitarotonda beneficially owns an aggregate of 39,700
shares of Common Stock, representing approximately 1.5% of the
shares of Common Stock outstanding./1/
(c) Through Barington as his broker-dealer, Mr. Mitarotonda
effected the following transactions in the 60 days ended November
4, 1998: (i) on October 29, 1998, Mr. Mitarotonda sold 300 shares
of Common Stock at a price of $9.2362 per share."
- --------
/1/ Based upon 2,672,004 shares of Common Stock reported by the Company to be
outstanding as of October 26, 1998 in its Annual Report on Form 10-K for
the fiscal year ended July 31, 1998.
<PAGE>
Page 6 of 9 Pages
"B. Mr. Shea
(a) Mr. Shea beneficially owns an aggregate of 45,528 shares
of Common Stock, representing approximately 1.7% of the shares of
Common Stock outstanding.1/
(c) Through Barington as his broker-dealer, Mr. Shea
effected the following transactions in the 60 days ended November
4, 1998: (i) on October 7, 1998, Mr. Shea sold 5,000 shares of
Common Stock at a price of $6.6050 per share, (ii) on November 4,
1998, Mr. Shea sold 5,000 shares of Common Stock at a price of
$8.5024 per share, and (iii) on November 5, 1998, Mr. Shea sold
3,000 shares of Common Stock at a price of $8.875 per share."
"C. Barington Capital Group
(a) Barington beneficially owns an aggregate of 45,215
shares of Common Stock, representing approximately 1.7% of the
shares of Common Stock outstanding. The 100,000 underwriter's
warrants Barrington received in connection with the Company's
initial public offering in July 1993 expired unexercised in July
1998.1/
(c) Barington effected the following transactions in the
Common Stock held in its investment account in the 60 days ended
November 4, 1998: on September 24, 1998, Barington sold 1,000
shares of Common Stock at a price of $8.00 per share.
As of the close of business on November 4, 1998, Barington's
trading account held a short position of 530 shares of Common
Stock. Shares of Common Stock acquired or sold by Barington in
connection with such market making activities during the period
ended November 4, 1998, are not reflected in the calculation of
shares beneficially owned by Barington in paragraph (a) above.
During the 60 days ended November 4, 1998, in connection with its
market-making activities, Barington purchased an aggregate of
32,200 shares of Common Stock and sold an aggregate of 25,870
shares of Common Stock at prices ranging from $5-1/8 per share to
$9-5/8 per share."
"(e) The Reporting Persons, Mr. Mitarotonda, Mr. Shea and
Barington, ceased to be the beneficial owners of an aggregate of
more than 5% of the Common Stock on November 4, 1998.
Accordingly, the Reporting Persons no longer have a reporting
obligation under Section 13(d) of the Exchange Act with respect
to the Common Stock, and the Reporting persons intend not to
further amend their report on Schedule 13D to reflect changes in
the facts set forth herein which may occur after the date
hereof."
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
<PAGE>
Page 7 of 9 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete and
correct.
Dated: November 11, 1998
/s/ James A. Mitarotonda
------------------------
James A. Mitarotonda
<PAGE>
Page 8 of 9 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete and
correct.
Dated: November 11, 1998
/s/ Edmund H. Shea, Jr.
-----------------------
Edmund H. Shea, Jr.
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: November 11, 1998
BARINGTON CAPITAL GROUP, L.P.
By: LNA CAPITAL CORP., its general partner
By: /s/ James A. Mitarotonda
-------------------------
Name: James A. Mitarotonda
Title: President
