<PAGE> 1
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 12)*
Compuware Corporation
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
205638-10-9
----------------------------
(CUSIP Number)
Peter Karmanos, Jr., 31440 Northwestern Highway,
Farmington Hills, MI 48334 (248) 737-7300
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 30,1997
--------------------------------
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1 (b)(3) or (4), check the following box / /.
Check the following box if a fee is being paid with the statement / /. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information requried on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE> 2
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 2 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter Karmanos, Jr., individually and as Trustee of the Peter
Karmanos, Jr., Revocable Living Trust U/A/D June 17, 1975
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 11,675,875
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,713,332
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,675,875
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
IN,00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 3 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter Karmanos, Jr., Stock Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
3,129,139
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,129,139
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
PN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 4 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Debra Glendening Karmanos
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
421,053
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
421,053
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.5%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
IN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 5 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas Thewes, individually and as Trustee of the Thomas Thewes
Revocable Living Trust U/A/D August 8, 1974
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,061,770
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,061,770
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.2%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
IN,00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 6 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
T. Thewes 1995 Trust U/A 3/29/95
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
2,057,380
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,057,380
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.4%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 7
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 7 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thewes Charitable Annuity Lead Trust U/A/D 4/2/97
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
180,000
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
180,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 8
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 8 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joseph A. Nathan
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
567,401
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
567,401
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
IN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 9
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 9 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Walter James Prowse, III, individually and as Trustee of the Walter
James Prowse III Revocable Living Trust U/T/D December 10, 1985
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,049,460
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,049,460
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.2%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
IN,00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 10
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 10 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael J. Lobsinger, individually and as Trustee of the Michael J.
Lobsinger Revocable Living Trust U/T/D April 24, 1986
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
317,670
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
317,670
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
IN,00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 11
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 11 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Allen B. Cutting Living Trust U/A/D August 3, 1978, by Joan L. Cutting
and Comerica Bank-Detroit, as trustees
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
520,000
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
520,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 12
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 12 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Joan L. Cutting Trust dated January 5, 1993, by Joan L. Cutting, as
trustee
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
473,968
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
473,968
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.5%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 13
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 13 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Allen B. Cutting Foundation
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
105,000
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
105,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
00 (Foundation)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 14
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 14 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Long Family Trust
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
14,116
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,116
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.02%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 15
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 15 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Long Family Charitable Remainder Unitrust
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
5,736
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,736
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.01%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 16
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 16 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William D. and Kay K. Long Charitable Remainder Unitrust
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
5,000
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.01%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 17
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 17 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harris Family Trust
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
54,850
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
54,850
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.06%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 18
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 18 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harris Family Charitable Remainder Unitrust
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
00 (Trust)
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 19
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 19 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners II, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
PN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 20
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 20 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
General Atlantic Partners, LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
PN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 21
SCHEDULE 13D
CUSIP NO. 205638-10-9 PAGE 21 OF 40 PAGES
---------------- --- ------
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAP - Amsterdam Partners, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN*
PN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 22
Page 22 of 40
ITEM 1. SECURITY AND ISSUER
The title of the class of equity securities to which this statement
relates is Common Stock, $.01 par value per share (the "Common Stock"), of
Compuware Corporation, a Michigan corporation (the "Company"). The principal
executive address of the Company is 31440 Northwestern Highway, Farmington
Hills, Michigan 48334.
ITEM 2. IDENTITY AND BACKGROUND
This statement is being filed by a group, as defined in Rule 13d of the
General Rules and Regulations under the Securities Exchange Act of 1934, as
amended. The members of the group are as follows:
Peter Karmanos, Jr., individually and as Trustee of the Peter Karmanos,
Jr. Revocable Living Trust U/A/D dated June 17, 1975 (the "Karmanos Trust"),
whose business address is 31440 Northwestern Highway, Farmington Hills,
Michigan 48334. Mr. Karmanos' present principal occupation is the Chairman of
the Board and Chief Executive Officer of the Company. Mr. Karmanos is a citizen
of the United States of America.
Peter Karmanos, Jr. Stock Limited Partnership dated February 7, 1996 (the
"Karmanos Partnership"), whose business address is 31440 Northwestern Highway,
Farmington Hills, Michigan 48334. The Karmanos Partnership was established to
hold certain assets for the benefit of Mr. Karmanos' family.
Debra Glendening Karmanos, ("Glendening Karmanos"), whose business address
is 31440 Northwestern Highway, Farmington Hills, Michigan 48334. Mrs. Karmanos
is the wife of Peter Karmanos, Jr. Mrs. Karmanos is a citizen of the United
States of America.
Thomas Thewes, individually and as Trustee of the Thomas Thewes Revocable
Living Trust U/A/D dated August 8, 1974 (the "Thewes Trust"), whose business
address is 31440 Northwestern Highway, Farmington Hills, Michigan 48334. Mr.
Thewes is a Director of the Company. Mr. Thewes is a citizen of the United
States of America.
The T. Thewes 1995 Trust U/A 3/29/95 (the "Thewes 1995 Trust"), whose
business address is c/o Denison Maxwell, James E. Mulvoy, Trustee, 1750 S.
Telegraph Road, #301, Bloomfield Hills, Michigan 48302-0179. The Thewes 1995
Trust was established to hold certain assets for the benefit of members of the
Thewes family. The Thewes 1995 Trust is organized in Michigan.
The Thewes Charitable Annuity Lead Trust U/A/D 4/2/97 (the "Thewes 1997
Trust"), whose business address is c/o Denison Maxwell, James E. Mulvoy,
Trustee, 1750 S. Telegraph Road, #301, Bloomfield Hills, Michigan 48302-0179.
The Thewes 1997 Trust was established to hold certain assets for the benefit of
members of the Thewes family. The Thewes 1997 Trust is organized in Michigan.
<PAGE> 23
Page 23 of 40
Joseph A. Nathan, whose business address is 31440 Northwestern Highway,
Farmington Hills, Michigan 48334. Mr. Nathan's present principal occupation is
President and Chief Operating Officer of the Company. Mr. Nathan is a citizen
of the United States of America.
Walter James Prowse III, individually and as Trustee of the Walter James
Prowse III Revocable Living Trust U/T/D dated December 10, 1985 (the "Prowse
Trust"), whose business address is 31440 Northwestern Highway, Farmington
Hills, Michigan 48334. Mr. Prowse's present principal occupation is Senior Vice
President of the Company. Mr. Prowse is a citizen of the United States of
America.
Michael J. Lobsinger, individually and as Trustee of the Michael J.
Lobsinger Revocable Living Trust U/T/D dated April 24, 1986 (the "Lobsinger
Trust"), whose business address is 31440 Northwestern Highway, Farmington
Hills, Michigan 48334. Mr. Lobsinger resigned as a Director of the Company on
January 10, 1996. Mr. Lobsinger continues to be a member of the group, but is
neither an employee nor a director of the Company. Mr. Lobsinger is a citizen
of the United States of America.
The Allen B. Cutting Living Trust U/A/D dated August 3, 1978 (the "Cutting
Trust"), by Joan L. Cutting and Comerica Bank-Detroit, as trustees. The
Cutting Trust's business address is Comerica Bank-Detroit, 500 Woodward Avenue,
Detroit, Michigan 48275. The Cutting Trust was established by Allen B. Cutting
to hold certain assets for the benefit of his wife, Joan Cutting. The Cutting
Trust is organized in Michigan.
The Joan L. Cutting Trust dated January 5, 1993 (the "J. Cutting Trust")
by Joan L. Cutting, as trustee. The J. Cutting Trust's business address is
Comerica Bank-Detroit, 500 Woodward Avenue, Detroit, Michigan 48275. The J.
Cutting Trust was established to hold certain assets for the benefit of its
trustee, Joan Cutting. The J. Cutting Trust is organized in Michigan.
The Allen B. Cutting Foundation dated October 30, 1996 (the "Cutting
Foundation") by William Vanover, Registered Agent. The Cutting Foundation's
business address is 838 Long Lake Road, Suite 100, Bloomfield Hills, Michigan
48302. The Cutting Foundation was established to hold certain assets for
charitable purposes.
The Long Family Trust (the "Long Family Trust"), whose residence address
is 2188 Slaughterhouse Creek Road, Glenbrook, Nevada 89413. The Long Family
Trust was established to hold certain assets for the benefit of members of the
Long family. The Long Family Trust is organized in California.
The Long Family Charitable Remainder Unitrust (the "Long Unitrust"), whose
residence address is c/o The New Horizons Foundation, Inc., Pamela Oppliger,
Administrator, 3820 North 30th Street, Colorado Springs, Colorado 80934. The
Long Unitrust was established to hold certain assets for general charitable
purposes. The Long Unitrust is organized in California.
<PAGE> 24
Page 24 of 40
The William D. and Kay K. Long Charitable Remainder Unitrust (the "W. and
K. Long Unitrust"), whose residence address is 2188 Slaughterhouse Creek Road,
Glenbrook, Nevada 89413. The W. and K. Long Unitrust was established to hold
certain assets for the benefit of members of the Long family. The W. and K.
Long Unitrust is organized in California.
The Edward F. Harris and Sandra E. Harris Trust Agreement dated June 19,
1991, by Edward F. Harris and Sandra E. Harris, or their successors, as
trustees, has been renamed the Harris Family Trust (the "Harris Family Trust").
The Harris Family Trust's residence address is 2030 Pray Meadow Road,
Glenbrook, Nevada 89413. The Harris Family Trust was established to hold
certain assets for the benefit of certain members of the Harris family. The
Harris Family Trust is organized in California.
The Harris Family Charitable Remainder Unitrust dated October 19, 1993
(the "Harris Unitrust"), whose residence address is c/o Moritz & Associates,
Inc., V. William Moritz, Administrator, 4570 Hilton Parkway, Suite 103,
Colorado Springs, Colorado. The Harris Unitrust was established for general
charitable purposes. The Harris Unitrust is organized in California.
General Atlantic Partners II, L.P. ("GAP II"), whose business address is
125 East 56th Street, New York, New York 10022. GAP II is engaged in
acquiring, holding and disposing of interests in various companies for
investment purposes. GAP II is organized in Delaware. The general partner of
GAP II is General Atlantic Partners, LLC ("GAP LLC"), a Delaware limited
liability company whose business address is 125 East 56th Street, New York,
New York 10022. The managing members GAP-Compuware Partners, L.P.
("GAP-Compuware") and GAP-Amsterdam Partners, L.P. ("GAP-Amsterdam") whose
business address is 125 East 56th Street, New York, New York 10022.
GAP-Compuware and GAP-Amsterdam are engaged in acquiring, holding and disposing
of interests in various companies for investment purposes. GAP-Compuware and
GAP-Amsterdam are organized in Delaware. The general partner of GAP-Compuware
and GAP-Amsterdam is Stephen P. Reynolds.
The Thewes Charitable Remainder Annuity Trust U/A dated August 10, 1994 is
no longer a member of the group.
None of the members of the group has, during the last five years, been
convicted in a criminal proceeding or been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violation with respect to
such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
This Amendment No. 11 is being filed as a result of transactions,
including both acquisitions and dispositions, of the Company's Common Stock, as
described in Item 5(c).
<PAGE> 25
Page 25 of 40
Mr. Karmanos, Mr. Thewes, Mr. Lobsinger, Mr. Prowse, Mr. Nathan and the
Cutting Trust acquired the shares beneficially owned by them at various times
from April 1973 through November 1992 for consideration which did not exceed
$1,203,252 in the aggregate and the source of which was their own personal
funds. Of the shares of Common Stock beneficially owned by GAP II and
GAP-Compuware, an aggregate of 5,876,371 shares of Common Stock were acquired
by them on December 15, 1992 upon the conversion and redemption of 729,395
shares of the Company's Convertible Participating Preferred Stock, which shares
of Convertible Participating Preferred Stock were acquired from the Company in
November 1989 for the aggregate consideration of approximately $30,000,000, the
source of which was their working capital (GAP II and GAP-Compuware
subsequently sold an aggregate of 2,130,000 of these shares of Common Stock in
the IPO). GAP II and GAP-Compuware acquired the remaining 1,411,270 shares of
Common Stock beneficially owned by them in June 1990 at a price per share of
$4.33, the source of which was their own working capital. The Long Family
Trust, the Long Unitrust and the Harris Family Trust acquired the shares of
Common Stock beneficially owned by each of them in August 1990 and January 1991
as a result of a merger of the Company and Centura Software which occurred in
August 1990. The Karmanos Partnership, Glendening Karmanos, Thewes 1995 Trust,
Thewes 1997 Trust, W. and K. Long Unitrust, Harris Unitrust, J. Cutting Trust,
Cutting Foundation and General Atlantic Partners became members of the group
when shares held by original group members were transferred. GAP-Amsterdam
became a member of the group when the Company acquired all of the stock of
Uniface Holding, B.V., a Netherlands corporation ("Uniface"). GAP-Amsterdam 's
shares in Uniface were exchanged for shares in the Company pursuant to the
terms of the Exchange Agreement.
ITEM 4. PURPOSE OF TRANSACTION
All of the members of the group except Glendening Karmanos have agreed,
pursuant to two separate shareholder agreements described in greater detail in
Item 6 below, to grant to Peter Karmanos, Jr. the power to vote the shares of
Common Stock which they own for a period of ten years beginning on the
effective date of the IPO Registration Statement, which date was December 15,
1992. In the event that Mr. Karmanos shall die before the end of such ten year
period, Mr. Thomas Thewes, if he survives Mr. Karmanos, shall receive the right
to vote the group's shares of Common Stock for the remainder of such period.
Glendening Karmanos has agreed, pursuant to a separate shareholder agreement
described in greater detail in Item 6 below, to grant to Peter Karmanos, Jr.
the power to vote the shares of Common Stock which she owns. As a result of
such proxies, Mr. Karmanos now controls the vote of approximately 10.9% of the
issued and outstanding shares of Common Stock (13.1% assuming the exercise of
all stock options exercisable within 60 days of the date hereof held by Mr.
Karmanos and the other members of the group).
Mr. Karmanos and Mr. Thewes are the founders of the Company. The other
group members have worked with or for or have been shareholders of the Company
for a significant period of time. As a result of such association, the group
members share certain common views regarding the Company and its direction for
the future. Thus, the purpose of granting such proxies to Mr. Karmanos was to
enable him to exercise voting control over the affairs of the Company in order
that these common views could effectively be put into place.
<PAGE> 26
Page 26 of 40
As to item 5(c), Mr. Lobsinger acquired shares of the Company's Common
Stock on the open market since September 30, 1996. To the best of the
undersigned's knowledge neither Mr. Lobsinger nor any member of the group has
any present intention, other than in the ordinary course of business, of
engaging in any of the following types of activities:
(a) the acquisition by any person of additional securities of the Company,
or the disposition of securities of the Company, although various members of
the group are free to sell in open market transactions or make gifts, should
they so desire, from time to time and have indicated they may do so if they
decide the time and/or market price, are in their view appropriate;
(b) an extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Company or any of its
subsidiaries;
(c) a sale or transfer of a material amount of assets of the Company or
any of its subsidiaries;
(d) any change in the present board of directors or management of the
Company, including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the board;
(e) any material change in the present capitalization or dividend policy
of the Company;
(f) any other material change in the Company's business or corporate
structure;
(g) changes in the Company's articles of incorporation or bylaws which may
impede the acquisition of control of the Company by any person;
(h) causing a class of securities of the Company to be delisted from a
national securities exchange or to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities association;
(i) causing a class of equity securities of the Company to become eligible
for termination of registration pursuant to Section 12(g)(4) of the Act; or
(j) any action similar to any of those enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) Peter Karmanos, Jr., individually and as Trustee of the Karmanos
Trust, beneficially owns 11,675,875 shares of Common Stock (which includes
2,151,200 shares subject to stock options held by Mr. Karmanos and members of
the group exercisable within 60 days of the date of this Schedule 13D) or 13.1%
of the issued and outstanding shares of Common Stock. The
<PAGE> 27
Page 27 of 40
Karmanos Partnership beneficially owns 3,129,139 shares of Common Stock or 3.6%
of the issued and outstanding shares of Common Stock. Glendening Karmanos
beneficially owns 421,053 shares of Common Stock or 0.5% of the issued and
outstanding shares of Common Stock. Thomas Thewes, individually and as Trustee
of the Thewes Trust, beneficially owns 1,061,770 shares of Common Stock or 1.2%
of the issued and outstanding shares of Common Stock. The Thewes 1995 Trust
beneficially owns 2,057,380 shares of Common Stock (which includes 12,500
shares subject to stock options held by the Thewes 1995 Trust exercisable
within 60 days of the date of this schedule 13D) or 2.4% of the issued and
outstanding shares of Common Stock. The Thewes 1997 Trust beneficially owns
180,000 shares of Common Stock or 0.2% of the issued and outstanding shares of
Common Stock. Joseph A. Nathan beneficially owns 567,401 shares of Common
Stock (which includes 513,900 shares subject to stock options held by Mr.
Nathan exercisable within 60 days of the date of this Schedule 13D) or 0.6% of
the issued and outstanding shares of Common Stock. Walter James Prowse III,
individually and as Trustee of the Prowse Trust, beneficially owns 1,049,460
shares of Common Stock (which includes 532,400 shares subject to stock options
held by Mr. Prowse exercisable within 60 days of the date of this schedule 13D)
or 1.2% of the issued and outstanding shares of Common Stock. Michael J.
Lobsinger, individually and as Trustee of the Lobsinger Trust, beneficially
owns 317,670 shares of Common Stock or 0.3% of the issued and outstanding
shares of Common Stock. The Cutting Trust beneficially owns 520,000 shares of
Common Stock or 0.6% of the issued and outstanding shares of Common Stock. The
J. Cutting Trust beneficially owns 473,968 shares of Common Stock or 0.5% of
the issued and outstanding shares of Common Stock. The Cutting Foundation
beneficially owns 105,000 shares of Common Stock or 0.1% of the issued and
outstanding shares of Common Stock. The Long Family Trust beneficially owns
14,116 shares of Common Stock or 0.02% of the issued and outstanding shares of
Common Stock. The Long Unitrust beneficially owns 5,736 shares of Common Stock
or 0.01% of the issued and outstanding shares of Common Stock. The W. and K.
Long Unitrust beneficially owns 5,000 shares of Common Stock or 0.01% of the
issued and outstanding shares of Common Stock. The Harris Family Trust
beneficially owns 54,850 shares of Common Stock or 0.06% of the issued and
outstanding shares of Common Stock. The Harris Unitrust beneficially owns no
shares of Common Stock. GAP II beneficially owns no shares of Common Stock.
GAP LLC beneficially owns no shares of Common Stock. GAP-Amsterdam
beneficially owns no shares of Common Stock. GAP-Compuware beneficially owns
no shares of Common Stock. The group beneficially owns 11,675,875 shares of
Common Stock in the aggregate (which includes 2,151,200 shares subject to stock
options held by members of the group exercisable within 60 days of the date of
this Schedule 13D) or 13.1% of the issued and outstanding shares of Common
Stock.
(b) Other than Mr. Karmanos (who has the sole power to vote all of the
shares beneficially owned by him), none of the members of the group have any
voting power with respect to the shares beneficially owned by them. Mr.
Karmanos has the sole power to dispose of or direct the disposition of
1,713,332 shares of the Common Stock beneficially owned by him, the Karmanos
Partnership has the sole power to dispose of or direct the disposition of
3,129,139 shares of the Common Stock beneficially owned by it, Mr. Thewes has
the sole power to dispose of or direct the disposition of 3,299,150 shares of
the Common Stock beneficially owned by him (which includes 1,061,770 shares
beneficially owned by the Thewes Trust, 2,057,380 shares beneficially owned by
the Thewes 1995 Trust and 180,000 shares beneficially owned by the
<PAGE> 28
Page 28 of 40
Thewes 1997 Trust), Mr. Nathan has the sole power to dispose of or direct the
disposition of 567,401 shares of the Common Stock beneficially owned by him,
and Mr. Prowse has the sole power to dispose of or direct the disposition of
1,049,460 shares of the Common Stock beneficially owned by him. All other
members of the group have the sole power to dispose of or direct the
disposition of all shares beneficially owned by each of them.
(c) The following transfers were made by members of the group:
- On July 1, 1997, the Karmanos Trust disposed of by gift to
Glendening Karmanos 421,053 shares of Common Stock. On August 11,
1997 the Karmanos Trust acquired, through the exercise of stock
options, 117,500 shares of Common Stock. On August 11, 1997 the
Karmanos Trust sold 117,500 shares of Common Stock at prices between
$59.75 and $61.125 per share for an aggregate consideration of
$7,087,499.50. On August 12, 1997 the Karmanos Trust acquired,
through the exercise of stock options, 82,500 shares of Common
Stock. On August 12, 1997 the Karmanos Trust sold 82,500 shares of
Common Stock at prices between $60.125 and $60.75 per share for an
aggregate consideration of $4,978,750. Mr. Karmanos also acquired
997 shares of Common Stock through the Company's Global Employee
Stock Purchase Plan for period ended June 30, 1997.
- On February 19, 1997 the Karmanos Partnership sold on the
open market 10,000 shares of Common Stock at $63.50 per share and
10,000 shares of Common Stock at $63.25 per share for an aggregate
consideration of $1,267,500. On May 21, 1997 the Karmanos
Partnership sold on the open market 40,000 shares of Common Stock at
$44.75 per share and 5,000 shares of Common Stock at $44.625 per
share for an aggregate consideration of $2,013,125. On May 21, 1997
the Karmanos Partnership disposed of by gift 345 shares of Common
Stock. On May 22, 1997 the Karmanos Partnership sold on the open
market 5,000 shares of Common Stock at $43.00 per share, 5,000
shares of Common Stock at $42.50 per share, and 5,000 shares of
Common Stock at $42.625 per share for an aggregate consideration of
$640,625.
- On July 1, 1997 Glendening Karmanos acquired by transfer from
the Karmanos Trust 421,053 shares of Common Stock.
- On April 2, 1997 the Thewes Trust disposed of by transfer to
the Thewes 1997 Trust 90,000 shares of Common Stock. On May 6, 1997
the Thewes Trust disposed of by gift 100,000 shares of Common Stock.
On May 12, 1997 the Thewes Trust disposed of by gift 500 shares of
Common Stock. On July 29, 1997 the Thewes Trust disposed of by
transfer to the Thewes 1995 Trust 1,000,000 shares of Common Stock.
On August 4, 1997 the Thewes Trust disposed of by gift 2,000 shares
of Common Stock. On August 7, 1997 the Thewes Trust disposed of by
gift 100,000 shares of Common Stock.
- On June 9, 1997 the Thewes 1995 Trust sold on the open market
40,800 shares of Common Stock at $47.50 per share and 10,000 shares
of Common Stock at $47.00 per share for an aggregate consideration
of $2,408,000. On June 10, 1997 the Thewes 1995 Trust sold on the
open market 156,000 shares of Common Stock at $46.9375
<PAGE> 29
Page 29 of 40
per share for an aggregate consideration of $7,322,250. On July
29, 1997 the Thewes 1995 Trust acquired by transfer from the Thewes
Trust 1,000,000 shares of Common Stock.
- On April 2, 1997 the Thewes 1997 Trust acquired by transfer
from the Thewes Trust 90,000 shares of Common Stock.
- On February 3, 1997 Mr. Lobsinger sold on the open market
12,500 shares of Common Stock at $66.50 per share for an aggregate
consideration of $831,250. On February 4, 1997 Mr. Lobsinger
disposed of by gift 450 shares of Common Stock. On February 10,
1997 Mr. Lobsinger sold on the open market 2,000 shares of Common
Stock at $66.50 per share for an aggregate consideration of
$133,000. On February 11, 1997 Mr. Lobsinger acquired by purchase
on the open market 10,000 shares of Common Stock at $63.00 per
share. On February 21, 1997 Mr. Lobsinger acquired by purchase on
the open market 10,000 shares of Common Stock at prices of $63.38
per share and $63.50 per share. On February 28, 1997 Mr. Lobsinger
acquired by purchase on the open market 6,000 shares of Common Stock
at prices of $60.88 per share and $61.00 per share. On April 8,
1997 Mr. Lobsinger sold on the open market 10,000 shares of Common
Stock at prices of $68.00 per share and $68.25 per share for an
aggregate consideration of $680,750. On April 18, 1997 Mr.
Lobsinger sold on the open market 5,000 shares of Common Stock at
$36.00 per share for an aggregate consideration of $180,000. On
April 22, 1997 Mr. Lobsinger acquired by purchase on the open market
20,000 shares of Common Stock at prices between $32.25 and $33.75
per share. On April 25, 1997 Mr. Lobsinger sold on the open market
10,000 shares of Common Stock at $37.50 per share for an aggregate
consideration of $375,000. On May 1, 1997 Mr. Lobsinger sold on the
open market 20,000 shares of Common Stock at $38.50 per share for an
aggregate consideration of $770,000. On May 6, 1997 Mr. Lobsinger
sold on the open market 10,000 shares of Common Stock at $43.00 per
share for an aggregate consideration of $430,000. On May 8, 1997
Mr. Lobsinger sold on the open market 10,000 shares of Common Stock
at $42.00 per share for an aggregate consideration of $420,000. On
May 19, 1997 Mr. Lobsinger acquired by purchase on the open market
36,000 shares of Common Stock at $39.88 per share. On June 17, 1997
Mr. Lobsinger sold on the open market 36,000 shares of Common Stock
at $48.31 per share for an aggregate consideration of $1,739,160.
On June 25, 1997 Mr. Lobsinger acquired by purchase on the open
market 15,000 shares of Common Stock at $47.50 per share. On June
26, 1997 Mr. Lobsinger acquired by purchase on the open market
35,000 shares of Common Stock at prices of $46.88 per share and
$47.38 per share. On July 25, 1997 Mr. Lobsinger sold on the open
market 40,000 shares of Common Stock at prices of $60.00 per share
and $60.13 per share for an aggregate consideration of $2,400,650.
On July 28, 1997 Mr. Lobsinger sold on the open market 10,000 shares
of Common Stock at $60.13 per share for an aggregate consideration
of $601,300. On July 29, 1997 Mr. Lobsinger acquired by purchase on
the open market 20,000 shares of Common Stock at $58.19 per share.
On July 31, 1997 Mr. Lobsinger sold on the open market 20,000 shares
of Common Stock at $61.50 per share for an aggregate consideration
of $1,230,000. On August 11, 1997 Mr. Lobsinger acquired by
purchase on the open market 10,000 shares of Common Stock at $59.94
per share. On August 13, 1997 Lobsinger sold on
<PAGE> 30
Page 30 of 40
the open market 10,000 shares of Common Stock at $62.25 per
share for an aggregate consideration of $622,500. On August 26, 1997
Mr. Lobsinger acquired by purchase on the open market 10,000 shares
of Common Stock at $63.25 per share. On August 27, 1997 Mr.
Lobsinger acquired on the open market 20,000 shares of Common Stock
at prices between $62.13 per share and $63.00 per share. On
September 10, 1997 Mr. Lobsinger acquired on the open market 20,000
shares of Common Stock at prices of $60.38 per share and $60.88 per
share. On September 11, 1997 Mr. Lobsinger acquired on the open
market 10,000 shares of Common Stock at prices of $58.50 per share.
On September 17, 1997 Mr. Lobsinger acquired on the open market
1,500 shares of Common Stock at $58.63 per share.
- On June 2, 1997 the Cutting Trust sold on the open market
10,000 shares of Common Stock at $47.875 per share for an aggregate
consideration of $478,750. On June 3, 1997 the Cutting Trust sold on
the open market 10,000 shares of Common Stock at $46.50 per share
for an aggregate consideration of $465,000. On June 4, 1997 the
Cutting Trust sold on the open market 5,000 shares of Common Stock
at $46.125 per share for an aggregate consideration of $230,625. On
June 5, 1997 the Cutting Trust sold on the open market 20,000 shares
of Common Stock at $46.528 per share for an aggregate consideration
of $930,560. On June 9, 1997 the Cutting Trust sold on the open
market 5,000 shares of Common Stock at $47.50 per share for an
aggregate consideration of $237,500.
- On June 2, 1997 the J. Cutting Trust sold on the open market
10,000 shares of Common Stock at $47.875 per share for an aggregate
consideration of $478,750. On June 3, 1997 the J. Cutting Trust
sold on the open market 10,000 shares of Common Stock at $46.50 per
share for an aggregate consideration of $465,000. On June 5, 1997
the J. Cutting Trust sold on the open market 25,000 shares of Common
Stock at $46.528 per share for an aggregate consideration of
$1,163,200. On June 9, 1997 the Cutting Trust sold on the open
market 5,000 shares of Common Stock at $47.50 per share for an
aggregate consideration of $237,500.
- On June 2, 1997 the Cutting Foundation sold on the open
market 25,000 shares of Common Stock at $47.625 per share for an
aggregate consideration of $1,190,625.
- On February 10, 1997 Mr. Nathan acquired, through the
exercise of stock options, 5,000 shares of Common Stock. On
February 10, 1997 Mr. Nathan sold on the open market 5,000 shares of
Common Stock at $65.00 per share for an aggregate consideration of
$325,000. On February 12, 1997 Mr. Nathan acquired, through the
exercise of stock options, 8,600 shares of Common Stock. On
February 12, 1997 Mr. Nathan sold on the open market 7,100 shares of
Common Stock at $65.00 per share for an aggregate consideration of
$455,000. On May 14, 1997 Mr. Nathan acquired, through the exercise
of stock options, 24,000 shares of Common Stock. On May 14, 1997
Mr. Nathan sold on the open market 22,000 shares of Common Stock at
prices of $41.50 per shares and $41.625 per share for an aggregate
consideration of $914,000. On August 11, 1997 Mr. Nathan acquired,
through the exercise of stock options, 32,500 shares of Common
Stock. On August 11, 1997 Mr. Nathan sold on the open market 32,500
shares of Common Stock at prices between $59.75 per share
<PAGE> 31
Page 31 of 40
and $60.375 per share for an aggregate consideration of $1,951,375.
Mr. Nathan also acquired 739 shares of Common Stock through the
Company's Global Employee Stock Purchase Plan for period ended June
30, 1997.
- On May 20, 1997 Mr. Prowse acquired, through the exercise of
stock options, 50,000 shares of Common Stock. On May 20, 1997 Mr.
Prowse sold on the open market 50,000 shares of Common Stock at
prices between $40.00 per share and $41.625 per share for an
aggregate consideration of $2,024,687.50. On May 28, 1997 Mr.
Prowse disposed of by gift 25,000 shares of Common Stock. On August
13, 1997 Mr. Prowse acquired, through the exercise of stock options,
20,000 shares of Common Stock. On August 13, 1997 Mr. Prowse sold
on the open market 20,000 shares of Common Stock at a price of
$62.19 per share for an aggregate consideration of $1,243,800. On
August 14, 1997 Mr. Prowse acquired, through the exercise of stock
options, 30,000 shares of Common Stock. On August 14, 1997 Mr.
Prowse sold on the open market 30,000 shares of Common Stock at
prices of $62.875 per share and $63.125 per share for an aggregate
consideration of $1,890,250.
Other than the foregoing dispositions, there were no other transactions in
Common Stock by any members of the group within the past 60 days.
(d) No other person other than those listed is known to have the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, any securities owned by any member of the group.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
On November 5, 1992, Peter Karmanos, Jr., individually and as Trustee of
the Karmanos Trust, Thomas Thewes, individually and as Trustee of the Thewes
Trust, Michael J. Lobsinger, individually and as Trustee of the Lobsinger
Trust, W. James Prowse, individually and as Trustee of the Prowse Trust, Joseph
A. Nathan, the Cutting Trust, the Long Family Trust, the Long Unitrust and the
Harris Family Trust entered into a shareholder agreement pursuant to which they
each granted to Peter Karmanos, Jr., Chairman of the Board and Chief Executive
Officer and a Director of the Company, a ten-year proxy to vote the shares of
Common Stock held by them (11,753,737 shares in the aggregate, which includes
725,564 shares subject to options exercisable within 60 days of the date
thereof) or acquired by them during the term of the agreement. In addition, on
October 22, 1992, GAP II and GAP-Compuware entered into a shareholder agreement
with Mr. Karmanos granting him a ten-year proxy to vote their shares of Common
Stock (5,149,521 shares in the aggregate). Pursuant to both such agreements
the proxies will be exercisable by Thomas Thewes if he survives Mr. Karmanos.
Shareholders under both such agreements may sell their shares at any time in
bona fide open market transactions free of the proxies granted to Mr. Karmanos.
Under their agreement, GAP II and GAP-Compuware have also agreed for a
ten-year period not to increase their ownership of Common Stock. In addition,
pursuant to the agreement among the Company, Peter Karmanos, Jr., Thomas
Thewes, GAP II and GAP-Compuware, in the event Peter Karmanos, Jr. dies or is
declared mentally incompetent
<PAGE> 32
Page 32 of 40
prior to October 22, 2002, then, if each of Thomas Thewes, on the one hand, and
GAP II and GAP-Compuware, on the other hand, own in the aggregate 5% or more of
the outstanding Common Stock of the Company, the selection of the Chief
Executive Officer of the Company shall require the affirmative vote of at least
63% of the number of members of the Board of Directors. Such agreement also
provides that GAP II and GAP-Compuware are entitled, for so long as they and
their affiliates together shall hold in the aggregate at least five (5%) percent
of the outstanding shares of Common Stock, to designate one director to the
Board of Directors of the Company, and Mr. Karmanos and Mr. Thewes have agreed
that they will vote their shares and the shares over which they hold proxies for
the election of such director.
On July 1, 1997 Glendening Karmanos entered into a shareholder agreement
pursuant to which she granted to Peter Karmanos, Jr., Chairman of the Board and
Chief Executive Officer and a Director of the Company, a proxy to vote the
421,053 shares of Common Stock held by her. The term of the proxy continues
until Peter Karmanos dies or is declared mentally incompetent.
As a result of such shareholder agreements at the present time Peter
Karmanos, Jr. has the power to vote 10.9% of the outstanding shares of Common
Stock (13.1% assuming the exercise of all stock options exercisable within 60
days of the date hereof held by Mr. Karmanos and the other members of the
group).
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit A - Compuware Corporation Shareholder Agreement, dated as of
November 5, 1992, among the Company and certain of its shareholders.*
Exhibit B - Letter Agreement, dated October 22, 1992, among the Company,
Peter Karmanos, Jr., Thomas Thewes, General Atlantic Partners II, L.P. and GAP
- - Compuware Partners, L. P.*
Exhibit C - Compuware Corporation Voting Agreement, dated July 1, 1997,
among Compuware Corporation, Peter Karmanos, Jr. and Debra Glendening Karmanos.
* Previously filed with the group's Schedule 13D dated December 31, 1992.
<PAGE> 33
Page 33 of 40
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, each of the undersigned certifies that the information set forth in
this statement regarding the undersigned is true and correct.
Date: October 10 1997
----------------------,
X
-----------------------------------
Peter Karmanos, Jr., Individually and as
Trustee of the Peter Karmanos, Jr.,
Revocable Living Trust U/A/D June 17,
1975
PETER KARMANOS, JR.
STOCK LIMITED PARTNERSHIP
By: X
--------------------------------
Peter Karmanos, Jr., a General
Partner
X
-----------------------------------
Debra Glendening Karmanos
-----------------------------------
Thomas Thewes, Individually and as
Trustee of the Thomas Thewes Revocable
Living Trust U/A/D August 8, 1974
-----------------------------------
James E. Mulvoy, Trustee of the T. Thewes
1995 Trust U/A March 29, 1995
-----------------------------------
James E. Mulvoy, Trustee of the Thewes
Charitable Lead Annuity Trust U/A/D
April 2, 1997
-----------------------------------
Walter James Prowse III, Individually and
as Trustee of the Walter James Prowse III
Revocable Living Trust U/T/D December 10,
1985
-----------------------------------
Michael J. Lobsinger, Individually and as
Trustee of the Michael J. Lobsinger
Revocable Living Trust U/T/D April 24,
1986
-----------------------------------
Joseph A. Nathan
<PAGE> 34
Page 34 of 40
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, each of the undersigned certifies that the information set forth in
this statement regarding the undersigned is true and correct.
Date: October 10 1997
----------------------,
-----------------------------------
Peter Karmanos, Jr., Individually and as
Trustee of the Peter Karmanos, Jr.,
Revocable Living Trust U/A/D June 17,
1975
PETER KARMANOS, JR.
STOCK LIMITED PARTNERSHIP
By:
-------------------------------
Peter Karmanos, Jr., a General
Partner
-----------------------------------
Debra Glendening Karmanos
-----------------------------------
Thomas Thewes, Individually and as
Trustee of the Thomas Thewes Revocable
Living Trust U/A/D August 8, 1974
-----------------------------------
James E. Mulvoy, Trustee of the T. Thewes
1995 Trust U/A March 29, 1995
-----------------------------------
James E. Mulvoy, Trustee of the Thewes
Charitable Lead Annuity Trust U/A/D
April 2, 1997
X
-----------------------------------
Walter James Prowse III, Individually and
as Trustee of the Walter James Prowse III
Revocable Living Trust U/T/D December 10,
1985
X
-----------------------------------
Michael J. Lobsinger, Individually and as
Trustee of the Michael J. Lobsinger
Revocable Living Trust U/T/D April 24,
1986
X
-----------------------------------
Joseph A. Nathan
<PAGE> 35
Page 35 of 40
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, each of the undersigned certifies that the information set forth in
this statement regarding the undersigned is true and correct.
Date: October 10 1997
----------------------,
-----------------------------------
Peter Karmanos, Jr., Individually and as
Trustee of the Peter Karmanos, Jr.,
Revocable Living Trust U/A/D June 17,
1975
PETER KARMANOS, JR.
STOCK LIMITED PARTNERSHIP
By:
-------------------------------
Peter Karmanos, Jr., a General
Partner
-----------------------------------
Debra Glendening Karmanos
X
-----------------------------------
Thomas Thewes, Individually and as
Trustee of the Thomas Thewes Revocable
Living Trust U/A/D August 8, 1974
X
-----------------------------------
James E. Mulvoy, Trustee of the T. Thewes
1995 Trust U/A March 29, 1995
X
-----------------------------------
James E. Mulvoy, Trustee of the Thewes
Charitable Lead Annuity Trust U/A/D
April 2, 1997
-----------------------------------
Walter James Prowse III, Individually and
as Trustee of the Walter James Prowse III
Revocable Living Trust U/T/D December 10,
1985
-----------------------------------
Michael J. Lobsinger, Individually and as
Trustee of the Michael J. Lobsinger
Revocable Living Trust U/T/D April 24,
1986
-----------------------------------
Joseph A. Nathan
<PAGE> 36
Page 36 of 40
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, each of the undersigned certifies that the information set forth in
this statement regarding the undersigned is true and correct.
Date: October 10 1997
----------------------,
-----------------------------------
Peter Karmanos, Jr., Individually and as
Trustee of the Peter Karmanos, Jr.,
Revocable Living Trust U/A/D June 17,
1975
PETER KARMANOS, JR.
STOCK LIMITED PARTNERSHIP
By:
-------------------------------
Peter Karmanos, Jr., a General
Partner
-----------------------------------
Debra Glendening Karmanos
-----------------------------------
Thomas Thewes, Individually and as
Trustee of the Thomas Thewes Revocable
Living Trust U/A/D August 8, 1974
-----------------------------------
James E. Mulvoy, Trustee of the T. Thewes
1995 Trust U/A March 29, 1995
-----------------------------------
James E. Mulvoy, Trustee of the Thewes
Charitable Lead Annuity Trust U/A/D
April 2, 1997
-----------------------------------
Walter James Prowse III, Individually and
as Trustee of the Walter James Prowse III
Revocable Living Trust U/T/D December 10,
1985
-----------------------------------
Michael J. Lobsinger, Individually and as
Trustee of the Michael J. Lobsinger
Revocable Living Trust U/T/D April 24,
1986
-----------------------------------
Joseph A. Nathan
<PAGE> 37
Page 37 of 40
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, each of the undersigned certifies that the information set forth in
this statement regarding the undersigned is true and correct.
Date: October 10 1997
--------------------,
X
---------------------------------
Comerica Bank-Detroit, Trustee of the
Allen B. Cutting Living Trust U/A/D
August 3, 1978
X
---------------------------------
Joan L. Cutting, Trustee of the Allen B.
Cutting Living Trust U/A/D August 3, 1978
Joan L. Cutting, Trust
By: X
-----------------------------
Its: Trustee
ALLEN B. CUTTING FOUNDATION
By: X
-----------------------------
William Vanover, Registered Agent
LONG FAMILY TRUST
By:
-----------------------------
Its: Trustee
LONG FAMILY CHARITABLE REMAINDER
UNITRUST
By:
-----------------------------
Its: Trustee
WILLIAM D. AND KAY K. LONG CHARITABLE
REMAINDER UNITRUST
By:
-----------------------------
Its: Trustee
<PAGE> 38
Page 38 of 40
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, each of the undersigned certifies that the information set forth in
this statement regarding the undersigned is true and correct.
Date: October 10 1997
--------------------,
---------------------------------
Comerica Bank-Detroit, Trustee of the
Allen B. Cutting Living Trust U/A/D
August 3, 1978
---------------------------------
Joan L. Cutting, Trustee of the Allen B.
Cutting Living Trust U/A/D August 3, 1978
Joan L. Cutting, Trust
By:
-----------------------------
Its: Trustee
ALLEN B. CUTTING FOUNDATION
By:
-----------------------------
William Vanover, Registered Agent
LONG FAMILY TRUST
By: X
-----------------------------
Its: Trustee
LONG FAMILY CHARITABLE REMAINDER
UNITRUST
By: X
-----------------------------
Its: Trustee
WILLIAM D. AND KAY K. LONG CHARITABLE
REMAINDER UNITRUST
By: X
-----------------------------
Its: Trustee
<PAGE> 39
Page 39 of 40
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, each of the undersigned certifies that the information set forth in
this statement regarding the undersigned is true and correct.
Date: October 10 1997
-----------------------,
X
------------------------------------
X
------------------------------------
Edward F. Harris and Sandra E. Harris, or
their successors, as Trustees under the
Edward F. Harris and Sandra E. Harris
Trust Agreement dated June 19, 1991
HARRIS FAMILY CHARITABLE REMAINDER
UNITRUST
By: X
--------------------------------
Its: Trustee
GENERAL ATLANTIC PARTNERS II, L.P.
------------------------------------
By: General Atlantic Partners, LLC
Its: General Partner
By:
-------------------------------
Stephen P. Reynolds
Its: Managing Member
GENERAL ATLANTIC PARTNERS, LLC
By:
-------------------------------
Stephen P. Reynolds
Its: Managing Member
GAP - AMSTERDAM PARTNERS, L.P.
By:
-------------------------------
Stephen P. Reynolds
Its: General Partner
<PAGE> 40
Page 40 of 40
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, each of the undersigned certifies that the information set forth in
this statement regarding the undersigned is true and correct.
Date: October 10 1997
-----------------------,
------------------------------------
------------------------------------
Edward F. Harris and Sandra E. Harris, or
their successors, as Trustees under the
Edward F. Harris and Sandra E. Harris
Trust Agreement dated June 19, 1991
HARRIS FAMILY CHARITABLE REMAINDER
UNITRUST
By:
--------------------------------
Its: Trustee
GENERAL ATLANTIC PARTNERS II, L.P.
X
------------------------------------
By: General Atlantic Partners, LLC
Its: General Partner
By: X
-------------------------------
Stephen P. Reynolds
Its: Managing Member
GENERAL ATLANTIC PARTNERS, LLC
By: X
-------------------------------
Stephen P. Reynolds
Its: Managing Member
GAP - AMSTERDAM PARTNERS, L.P.
By: X
-------------------------------
Stephen P. Reynolds
Its: General Partner
<PAGE> 1
EXHIBIT 9
COMPUWARE CORPORATION
VOTING AGREEMENT
THIS VOTING AGREEMENT ("Agreement") is made as of July 1, 1997, between
Compuware Corporation, a Michigan corporation ("Compuware"), Peter Karmanos,
Jr. ("Karmanos") and Debra Glendening Karmanos ("Glendening Karmanos").
Recitals
A. Karmanos is the owner of certain presently outstanding Compuware
Corporation common stock, $.01 par value per share (the "Common Stock").
B. The Common Stock owned by Karmanos is currently restricted by the terms
of a Shareholder Agreement, dated as of November 5, 1992, as amended,
which governs the voting and transfer of the shares of Common Stock
owned by Karmanos.
C. Certain shares of Common Stock will be transferred by Karmanos to
Glendening Karmanos, effective July 1, 1997.
NOW, THEREFORE, the parties agree as follows:
1. DEFINITION.
As used in this Agreement, the term "Common Stock" shall mean the
421,053 shares of Common Stock transferred by the Karmanos to Glendening
Karmanos, his wife.
2. VOTING AGREEMENT.
A. Glendening Karmanos hereby irrevocably makes, constitutes and
appoints Karmanos as her proxy and hereby authorizes and grants to
Karmanos the exclusive right to represent and to vote the shares of
Common Stock transferred by Karmanos to Glendening Karmanos under this
Agreement. This proxy is coupled with an interest and shall terminate
on Karmanos' death or mental incompetency.
B. In furtherance of the foregoing, Glendening Karmanos agrees to
execute and deliver to Compuware, simultaneously with the execution of
this Agreement, an irrevocable proxy, in the form of Exhibit A attached
hereto, appointing Karmanos as her proxy for the Common Stock.
1
<PAGE> 2
C. All certificates evidencing shares of Common Stock covered by this
paragraph 2 shall have endorsed thereon by Compuware the following
statement:
The shares of stock represented by this certificate are restricted
as to transfer in accordance with, and are otherwise subject to
the terms of, a Voting Agreement dated as of July 1, 1997 (the
"Agreement"), a copy of which is on file at the principal office
of Compuware Corporation.
D. The proxy granted by Glendening Karmanos to Karmanos is not
assignable or transferable.
3. COMPUWARE AGREEMENT.
Compuware agrees it will not recognize on the stock transfer records of
Compuware any transfer of any shares of Common Stock covered by
paragraph 2 which is contrary to the terms of such paragraph. Compuware
further agrees to legend any and all stock certificates which evidence
such shares of Common Stock with the legend contained in paragraph 2(C)
above before the issuance of any such certificate(s).
4. MISCELLANEOUS.
A. This Agreement contains the entire agreement of the parties with
respect to the subject matter hereof and shall be binding upon the
parties and their respective heirs, personal representatives,
successors and assigns unless otherwise restricted herein.
B. The provisions of this Agreement will be deemed severable, and, if
any part of any provision is held illegal, void, invalid or
unenforceable under applicable law, such provision shall be changed to
the extent reasonably necessary to make the provision, as so changed,
legal, valid, binding and enforceable. In the event any provision of
this Agreement shall be invalid, illegal or unenforceable, the
validity, legality and enforceability of the remaining provisions
hereof shall not in any way be affected or impaired thereby.
C. This Agreement shall be governed by and construed in accordance
with the laws of the State of Michigan.
D. This Agreement shall terminate on Peter Karmanos, Jr.'s death or
mental incompetency.
E. Notwithstanding the date of any signatures, this Agreement shall be
effective on the date set forth above. This Agreement may be executed
in several counterparts, each of which shall be deemed an original.
2
<PAGE> 3
IN WITNESS WHEREOF, the parties have signed this Agreement as of the date
written above.
COMPUWARE
By: [SIG]
---------------------------
KARMANOS GLENDENING-KARMANOS
By: Peter Karmanos, Jr. By: Debra Glendening Karmanos
--------------------------- ---------------------------
Peter Karmanos, Jr. Debra Glendening Karmanos
3
<PAGE> 4
EXHIBIT A
IRREVOCABLE PROXY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned, Debra Glendening Karmanos
("Shareholder") hereby irrevocably makes, constitutes and appoints Peter
Karmanos, Jr. as proxy ("Proxy") and hereby authorizes and grants to said
Proxy, the exclusive right to represent and to vote the shares of common stock
("Common Stock") of Compuware Corporation, a Michigan corporation ("Company")
transferred by Peter Karmanos, Jr. to Debra Glendening Karmanos, effective July
1, 1997, in the discretion of said Proxy, with respect to any matters which may
properly come before any meeting of, or be considered by, the shareholders of
the Company and on which the shareholders of record are entitled to vote or act.
This proxy is coupled with an interest and is given pursuant to the terms of a
Voting Agreement dated as of July 1, 1997 ("Agreement"), between the Company,
the Proxy, and the Shareholder. This proxy shall cease to be effective and
shall terminate on Peter Karmanos, Jr.'s death or mental incompetency.
IN WITNESS WHEREOF, this proxy has been duly executed and delivered as of the
1st day of July, 1997.
Debra Glendening Karmanos
- ----------------------------
Debra Glendening Karmanos
7-10-97
- ----------------------------
Date
- ------------
4
