SMITH GERALD W 4
4 · COMPUWARE CORPORATION · Filed May 25, 2004
Insider Transaction Report
Form 4
SMITH GERALD W
Executive Vice President
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-05-25$7.55/sh+22,500$169,875→ 22,500 totalExercise: $7.55From: 2007-05-25Exp: 2014-05-25→ Common Stock (22,500 underlying)
Footnotes (1)
- [F1]The stock option vests on the anniversary of the grant over five (5) years as follows: 50% on the third anniversary, 25% on the fourth anniversary and the remaining 25% on the fifth anniversary.