COMPUWARE CORP 4
4 · COMPUWARE CORP · Filed Jul 1, 2014
Insider Transaction Report
Form 4
COMPUWARE CORPCPWR
Follis Daniel S JR
VP, Gen. Counsel & Secretary
Transactions
- Tax Payment
Common stock
2014-07-01$9.99/sh−1,113$11,119→ 38,052 total - Disposition to Issuer
Common stock
2014-07-01$9.99/sh−0.786$8→ 39,165 total - Exercise/Conversion
Common stock
2014-07-01+3,393.786→ 39,165.786 total - Exercise/Conversion
Dividend Equivalent Rights
2014-07-01−191.786→ 2,414.928 total→ Common stock (191.786 underlying) - Exercise/Conversion
Restricted Stock Units
2014-07-01−3,202→ 3,201 totalFrom: 2012-07-01→ Common stock (3,202 underlying)
Holdings
- 1,500.775(indirect: By 401(k))
Common stock
Footnotes (4)
- [F1]Ownership reflects purchase of 23.956 shares pursuant to payroll deductions for loan interest and principal repayment under the ESOP/401(k) plan ("Plan") from May 1, 2014 through June 30, 2014, and the purchase of 18.309 shares pursuant to dividend reinvestment under the Plan as of June 18, 2014.
- [F2]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.
- [F3]1 for 1
- [F4]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.