FOURNIER LAURA LAWSON 4
4 · COMPUWARE CORP · Filed Nov 6, 2012
Insider Transaction Report
Form 4
COMPUWARE CORPCPWR
FOURNIER LAURA LAWSON
ExecVP/CFO/Treasurer
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-11-06−9,842→ 9,842 total→ Common stock (9,842 underlying) - Tax Payment
Common stock
2012-11-06$8.97/sh−4,124$36,992→ 203,413 total - Exercise/Conversion
Common stock
2012-11-06+9,842→ 207,537 total
Holdings
- 20,444(indirect: By 401(k))
Common stock
Footnotes (3)
- [F1]1 for 1
- [F2]Granted under the 2007 Long Term Incentive Plan pursuant to the FY09 Executive Incentive Program. The units vest over five years according to the following schedule: 50% on the third anniversary date of the award, 25% on the fourth anniversary and 25% on the fifth anniversary; or immediately upon death, disability or change in control and are payable in common stock upon vesting. This transaction is reporting the secod vesting period (25%) of the award.
- [F3]The number of units was determined based on a percentage of salary as defined in the FY09 Executive Incentive Program divided by the closing price per share on the trading date prior to the 11-06-2008 award date.