XNAS:CPWR Compuware Corp Insider Activity 4 Filing - 9/1/2012

Effective Date 9/1/2012

XNAS:CPWR (Compuware Corp): Fair Value Estimate
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XNAS:CPWR (Compuware Corp): Consider Buying
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XNAS:CPWR (Compuware Corp): Consider Selling
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XNAS:CPWR (Compuware Corp): Fair Value Uncertainty
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XNAS:CPWR (Compuware Corp): Economic Moat
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XNAS:CPWR (Compuware Corp): Stewardship
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
PROWSE W JAMES
  2. Issuer Name and Ticker or Trading Symbol
COMPUWARE CORP [CPWR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Employee Director
(Last)
(First)
(Middle)
COMPUWARE CORPORATION, ONE CAMPUS MARTIUS
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2012
(Street)

DETROIT, MI 48226-5099
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $9.99 09/01/2012   A   33,859   09/01/2013(1) 09/01/2022 Common stock 33,859 $ 0 33,859 D  
Restricted Stock Units (2) 09/01/2012   A   13,880   09/01/2013(3)   (3) Common stock 13,880 $ 0 (4) 13,880 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
PROWSE W JAMES
COMPUWARE CORPORATION
ONE CAMPUS MARTIUS
DETROIT, MI 48226-5099
      Employee Director

Signatures

 By: /s/ Daniel S. Follis, Jr., Attorney-in-Fact   09/06/2012
** Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Granted under the 2007 Long Term Incentive Plan pursuant to the FY13 Executive Incentive Program. The stock options vest over four years in annual 25% increments on the anniversary date of the grant or immediately upon death, disability or change in control.
(2) 1 for 1
(3) Granted under the 2007 Long Term Incentive Plan pursuant to the FY13 Executive Incentive Program. The units vest over four years in annual 25% increments on the anniversary date of the award or immediately upon death, disability or change in control and are payable in common stock upon vesting.
(4) The number of units was determined based on a percentage of salary as defined in the FY13 Executive Incentive Program divided by the closing price per share on the trading date prior to the award date.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

XNAS:CPWR Compuware Corp Insider Activity 4 Filling

Compuware Corp XNAS:CPWR Stock - Get Insider Activity SEC Filing of Compuware Corp XNAS:CPWR stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

XNAS:CPWR Compuware Corp Insider Activity 4 Filing - 9/1/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Title |  Date |  Company |  Symbol |  Interest |  Popularity

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