COMPUWARE CORP 4
4 · COMPUWARE CORP · Filed Sep 10, 2014
Insider Transaction Report
Form 4
COMPUWARE CORPCPWR
Angileri Joseph R
President/COO
Transactions
- Exercise/Conversion
Restricted Stock Units
2014-09-10−9,862→ 19,723 totalFrom: 2013-09-10→ Common stock (9,862 underlying) - Exercise/Conversion
Common stock
2014-09-10+10,452.686→ 286,076.686 total - Tax Payment
Common stock
2014-09-10$10.63/sh−4,954$52,661→ 281,122 total - Disposition to Issuer
Common stock
2014-09-10$10.63/sh−0.686$7→ 286,076 total - Exercise/Conversion
Dividend Equivalent Rights
2014-09-10−590.686→ 4,292.416 total→ Common stock (590.686 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]RSUs vest 25% annually on the anniversary of the award date. This transaction is reporting the vesting of one quarter of the award.