Czarnik Paul A 4
4 · COMPUWARE CORP · Filed Sep 26, 2011
Insider Transaction Report
Form 4
COMPUWARE CORPCPWR
Czarnik Paul A
Senior VP, CTO
Transactions
- Award
Restricted Stock Units
2011-07-01+12,807→ 12,807 totalFrom: 2012-07-01→ Common stock (12,807 underlying) - Award
Non-Qualified Stock Option (right to buy)
2011-07-01+29,975→ 29,975 totalExercise: $9.76From: 2012-07-01Exp: 2021-07-01→ Common stock (29,975 underlying)
Footnotes (4)
- [F1]Granted under the 2007 Long Term Incentive Plan, the stock option vests annually on the anniversary date of the grant over four years in 25% increments.
- [F2]1 for 1
- [F3]Granted under the 2007 Long Term Incentive Plan, the units vest annually on the anniversary date of the grant over four years in 25% increments.
- [F4]The number of units was determined based on a percentage of salary as defined in the FY12 Executive Incentive Program divided by the closing price per share on the trading date prior to the award date.