-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RE7eG4xpxAmHkn/teessYqYB8SmiGFZ/AkowCxZaRpV1TOGil+Phrg9cHv0IQfaR NeZqAeiQvLS9d+VwDN/m/g== 0000889812-97-002521.txt : 19971125 0000889812-97-002521.hdr.sgml : 19971125 ACCESSION NUMBER: 0000889812-97-002521 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971124 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMTECH TELECOMMUNICATIONS CORP /DE/ CENTRAL INDEX KEY: 0000023197 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 112139466 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-14443 FILM NUMBER: 97727159 BUSINESS ADDRESS: STREET 1: 105 BAYLIS RD CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 5167778900 MAIL ADDRESS: STREET 2: 105 BAYLIS ROAD CITY: MELVILLE STATE: NY ZIP: 11747 FORMER COMPANY: FORMER CONFORMED NAME: COMTECH INC DATE OF NAME CHANGE: 19870503 FORMER COMPANY: FORMER CONFORMED NAME: COMTECH TELECOMMUNICATIONS CORP DATE OF NAME CHANGE: 19831215 FORMER COMPANY: FORMER CONFORMED NAME: COMTECH LABORATORIES INC DATE OF NAME CHANGE: 19780425 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GELMAN GARY CENTRAL INDEX KEY: 0000933529 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE JERICHO PLAZA CITY: JERICHO STATE: NY ZIP: 11753 BUSINESS PHONE: 5159388000 MAIL ADDRESS: STREET 1: HARTMAN & CRAVEN STREET 2: 460 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* COMTECH TELECOMMUNICATIONS CORP. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 205826209 (CUSIP Number) Edward I. Tishelman c/o Hartman & Craven LLP, 460 Park Avenue, New York, NY 10022 (212) 836-4940 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 21, 1997 (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 / /. Check the following box if a fee is being paid with the statement / /. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D CUSIP No. 205826209 Page 2 of 5 Pages 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON GARY GELMAN 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / 3. SEC USE ONLY 4. SOURCE OF FUNDS* PF - PERSONAL FUNDS 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 7. SOLE VOTING POWER NUMBER OF SHARES 165,650 BENEFICIALLY 8. SHARED VOTING POWER OWNED BY EACH 165,650 REPORTING PERSON 9. SOLE DISPOSITIVE POWER WITH 165,650 10. SHARED DISPOSITIVE POWER 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 165,650 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.25% 14. TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Page 3 of 5 Item 1. Security and Issuer This report is being filed with respect to the acquisition of shares of common stock (the "Stock") of Comtech Telecommunications Corp., a Delaware corporation (the "Company"). Item 2. Identity and Background This statement is being filed by Mr. Gelman, a United States citizen whose business address is c/o American Claims Evaluation, Inc., One Jericho Plaza, Jericho, New York 11753. Mr. Gelman's principal occupation is as Chairman of the Board, President, Chief Executive and Chief Operating Officer of American Claims Evaluation, Inc., whose principal business is rendering services in the vocational rehabilitation of persons involved in workmen's compensation disabilities. Mr. Geman is also Chairman of the Board of Directors of Misonix, Inc., a New York corporation, engaged in the development, manufacture and/or marketing of medical, scientific and industrial ultrasonic and air pollution control systems. Mr. Gelman has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration The source of funds used was personal funds of the reporting person. Item 4. Purpose of Transaction (a) The undersigned purchased the shares of Stock for investment. The undersigned may, at any time or from time to time, acquire additional shares of Stock, and expressly reserves the right, at any time or from time to time, to dispose of any or all of his shares of Stock. (b)-(j) Not Applicable. Page 4 of 5 Item 5. Interest in Securities of the Issuer (a) The aggregate number of the Company's shares of Stock beneficially owned by the undersigned on the close of business on the date set forth on the cover was 165,650, approximately 6.25% of the shares outstanding on that date, based upon the 2,650,404 shares of Stock reported by the Company to be issued and outstanding on its report on Form 10-Q for the period ended April 30, 1997. (b) Number of Shares as to which, on the date referred to on the cover the undersigned had: (i) sole power to vote or to direct the vote...............165,650 (ii) shared power to vote or to direct the vote...............--- (iii) sole power to dispose or to direct the disposition of..165,650 (iv) shared power to dispose or to direct the disposition of..--- (c) Other than as described hereinafter, there were no transactions in the Company's shares effected by the undersigned during the sixty day period preceding the date set forth on the cover. Shares Purchased Date Price Per Share ---------------- ---- --------------- 1,000 11/21/97 $4.68 4,000 11/17/97 4.275 1,000 11/13/97 4.8462 1,000 11/12/97 4.40625 2,000 10/31/97 4.40625 1,000 10/30/97 4.28125 3,000 10/29/97 4.33 5,000 10/27/97 4.3125 1,000 10/24/97 4.53125 2,900 10/09/97 4.235 3,000 10/08/97 4.28125 1,450 10/02/97 4.1875 1,000 10/01/97 4.53 Total 27,350 (d) Not applicable. (e) Not applicable. Page 5 of 5 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 21, 1997 /s/ Gary Gelman Gary Gelman -----END PRIVACY-ENHANCED MESSAGE-----