COMPUWARE CORP 4

Accession 0001225208-13-024016

CIK 0000859014operating

Filed

Nov 20, 7:00 PM ET

Accepted

Nov 21, 4:49 PM ET

Size

25.1 KB

Accession

0001225208-13-024016

Form 4

Period: 2013-11-15

Director

Transactions

Exercise/Conversion
Restricted Stock Units
2013-11-15−12,121→ 0 total
From: 2011-08-22→ Common stock (12,121 underlying)
Exercise/Conversion
Restricted Stock Units
2013-11-15−9,695→ 0 total
Exercise: $0.00From: 2010-08-23→ Common stock (9,695 underlying)
Exercise/Conversion
Restricted Stock Units
2013-11-15−15,233→ 0 total
From: 2012-08-27→ Common stock (15,233 underlying)
Exercise/Conversion
Common stock
2013-11-15+11,208→ 55,228 total
Exercise/Conversion
Dividend Equivalent Rights
2013-11-15−1,490→ 0 total
→ Common stock (1,490 underlying)
Exercise/Conversion
Common stock
2013-11-15+16,666→ 16,666 total
Exercise/Conversion
Common stock
2013-11-15+12,121→ 44,020 total
Exercise/Conversion
Common stock
2013-11-15+9,695→ 64,923 total
Exercise/Conversion
Restricted Stock Units
2013-11-15−16,666→ 0 total
From: 2010-08-23→ Common stock (16,666 underlying)
Exercise/Conversion
Common stock
2013-11-15+1,490→ 66,413 total
Exercise/Conversion
Restricted Stock Units
2013-11-15−11,208→ 0 total
From: 2013-08-26→ Common stock (11,208 underlying)
Exercise/Conversion
Common stock
2013-11-15+15,233→ 31,899 total

Footnotes (5)

[F1]Settlement of dividend equivalent rights in connection with settlement of the restricted stock units ("RSUs"). The rights accrued when and as dividends were paid on Compuware common stock and became exercisable proportionately with the RSUs to which they related. Each dividend equivalent right is in the form of RSUs and is the economic equivalent of one share of Compuware common stock.
[F2]Fractional units are rounded down to the nearest whole share and cancelled.
[F3]1 for 1
[F4]Restricted stock units ("RSUs") vest 100% on the date immediately preceding the next annual meeting of shareholders following the grant date. RSUs are subject to a deferral election executed by the Reporting Person and are payable in common stock within 30 days after the date the director ceases to be a member of the Board of Directors. This transaction is reporting the settlement of the award following the Reporting Person's resignation.
[F5]Restricted stock units ("RSUs") vest 100% on the date immediately preceding the next annual meeting of shareholders following the grant date. The annual meeting was delayed until early 2014 and the Compensation Committee decided to accelerate the vesting to the date of resignation. RSUs are payable in common stock within 30 days after the date the director ceases to be a member of the Board of Directors. This transaction is reporting the settlement of the award following the Reporting Person's resignation.

Documents

1 file

COMPUWARE CORP

CIK 0000859014

Entity typeoperating

IncorporatedMI