COMPUWARE CORP 4
4 · COMPUWARE CORP · Filed Jul 1, 2014
Insider Transaction Report
Form 4
COMPUWARE CORPCPWR
Angileri Joseph R
President/COO
Transactions
- Exercise/Conversion
Common stock
2014-07-01+9,501.961→ 275,624.961 total - Exercise/Conversion
Restricted Stock Units
2014-07-01−8,965→ 8,965 totalFrom: 2012-07-01→ Common stock (8,965 underlying) - Disposition to Issuer
Common stock
2014-07-01$9.99/sh−0.961$10→ 275,624 total - Exercise/Conversion
Dividend Equivalent Rights
2014-07-01−536.961→ 4,883.102 total→ Common stock (536.961 underlying)
Footnotes (3)
- [F1]Settlement of dividend equivalent rights in connection with vesting 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]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.