4//SEC Filing
COMPUWARE CORP 4
Accession 0001225208-14-025202
CIK 0000859014operating
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 10:31 AM ET
Size
10.4 KB
Accession
0001225208-14-025202
Insider Transaction Report
Form 4
COMPUWARE CORPCPWR
O'Malley Christopher T
President Mainframe Operations
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2014-12-15$1.67/sh−178,253$298,289→ 0 totalExercise: $8.72From: 2017-05-31Exp: 2024-08-01→ Common stock (178,253 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2014-12-15$1.67/sh−295,000$493,653→ 0 totalExercise: $8.72From: 2015-08-01Exp: 2024-08-01→ Common stock (295,000 underlying) - Disposition to Issuer
Restricted Stock Units
2014-12-15$10.39/sh−36,630$380,556→ 0 totalFrom: 2015-08-01→ Common stock (36,630 underlying)
Footnotes (6)
- [F1]The stock option would have vested upon the satisfaction of certain performance conditions.
- [F2]The option was cancelled in the merger in exchange for cash consideration. The exercise price was previously reduced by $0.3842 pursuant to the terms of the plan to reflect the Covisint Corporation spin-off. The cash consideration equals the difference between the merger consideration per share and the adjusted exercise price per share, multiplied by the number of unexercised options held at the time of the merger.
- [F3]The stock option vests annually on the anniversary of the grant in 25% increments.
- [F4]1 for 1
- [F5]The RSU vests annually on the anniversary of the grant in 25% increments.
- [F6]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, 10:31 AM ET
- Size
- 10.4 KB