4//SEC Filing
COMPUWARE CORP 4
Accession 0001225208-14-025197
CIK 0000859014operating
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 10:30 AM ET
Size
7.8 KB
Accession
0001225208-14-025197
Insider Transaction Report
Form 4
COMPUWARE CORPCPWR
Freeland John
Director
Transactions
- Disposition to Issuer
Dividend Equivalent Rights
2014-12-15$10.39/sh−238.565$2,479→ 0 total→ Common stock (238.565 underlying) - Disposition to Issuer
Restricted Stock Units
2014-12-15$10.39/sh−19,047$197,883→ 0 totalFrom: 2014-12-11→ Common stock (19,047 underlying)
Footnotes (4)
- [F1]Each dividend equivalent right ("DER") is in the form of RSUs that vest at the time the associated award vests and is the econimic equivalent of one share of Compuware common stock. The DERs were cancelled in the merger in exchange for cash consideration equal to the merger consideration per share multiplied by the number of RSUs held at the time of the merger.
- [F2]1 for 1
- [F3]The RSUs vest on the day immediately preceding the date of the first annual meeting of shareholders following the award date.
- [F4]The restricted stock units ("RSUs") were cancelled in the merger in exchange for cash consideration equal to the merger consideration per share multiplied by the number of RSUs held at the time of the merger.
Documents
Issuer
COMPUWARE CORP
CIK 0000859014
Entity typeoperating
IncorporatedMI
Related Parties
1- filerCIK 0000859014
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 10:30 AM ET
- Size
- 7.8 KB