4//SEC Filing
COMPUWARE CORP 4
Accession 0001225208-07-000834
CIK 0000859014operating
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 4:48 PM ET
Size
20.7 KB
Accession
0001225208-07-000834
Insider Transaction Report
Form 4
COMPUWARE CORPCPWR
COSTELLO THOMAS MICHAEL JR
Sr VP, Gen Counsel, Secretary
Transactions
- Sale
Common stock
2007-01-30$8.89/sh−25,000$222,250→ 165,505 total - Tax Payment
Common stock
2007-01-30$8.81/sh−30,264$266,550→ 135,241 total - Sale
Common stock
2007-01-30$8.90/sh−70,000$623,000→ 32,476 total - Sale
Common stock
2007-01-30$8.91/sh−32,765$291,936→ 102,476 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-01-30−137,765→ 0 totalExercise: $7.84From: 2000-03-31Exp: 2007-03-31→ Common stock (137,765 underlying) - Exercise/Conversion
Common stock
2007-01-30$7.84/sh+32,475$254,727→ 200,505 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-01-30−32,475→ 137,765 totalExercise: $7.84From: 2000-03-31Exp: 2007-03-31→ Common stock (32,475 underlying) - Exercise/Conversion
Common stock
2007-01-30$7.84/sh+137,765$1,080,601→ 168,030 total - Sale
Common stock
2007-01-30$8.92/sh−10,000$89,200→ 190,505 total
Holdings
- 800(indirect: By Children)
Common stock
- 100(indirect: By IRA)
Common stock
- 1,462(indirect: By 401(k))
Common stock
Footnotes (3)
- [F1]Option was exercised during an open window period under the Company's insider trading policy. The Option was scheduled to expire on March 31, 2007, at which time the trading window would be closed. The Reporting Person's ownership position of Compuware common stock is unchanged as a result of this option exercise. One half of the sale proceeds were delivered in order to satisfy resposibilities under a divorce decree.
- [F2]Option was exercised during an open window period under the Company's insider trading policy. The Option was scheduled to expire on March 31, 2007, at which time the trading window would be closed.
- [F3]Shares for the value of the option exercise price and applicable taxes were transferred to Compuware Corporation pursuant to the provisions of the Non-Qualified Stock Option Agreement under which the option was granted. The Reporting Person did not sell shares in the market.
Documents
Issuer
COMPUWARE CORP
CIK 0000859014
Entity typeoperating
IncorporatedMI
Related Parties
1- filerCIK 0000859014
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 4:48 PM ET
- Size
- 20.7 KB