COSTELLO THOMAS MICHAEL JR 4
4 · COMPUWARE CORP · Filed Jun 23, 2005
Insider Transaction Report
Form 4
COMPUWARE CORPCPWR
COSTELLO THOMAS MICHAEL JR
Sr VP, Gen Counsel, Secretary
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-06-22$7.25/sh+80,000$579,600→ 80,000 totalExercise: $7.25From: 2008-06-22Exp: 2015-06-22→ Common Stock (80,000 underlying)
Footnotes (1)
- [F1]The stock option vests on the anniversary date 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.