Filing Details
- Accession Number:
- 0000899243-19-011972
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-05-03 06:49:00
- Reporting Period:
- 2019-05-01
- Accepted Time:
- 2019-05-03 06:49:00
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1701732 | Altair Engineering Inc. | ALTR | Services-Prepackaged Software (7372) | 382591828 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1720312 | Uwe Schramm | C/O Altair Engineering Inc. 1820 E. Big Beaver Road Troy MI 48083 | See Remarks | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2019-05-01 | 2,000 | $3.79 | 67,137 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2019-05-01 | 1,900 | $38.54 | 65,237 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2019-05-01 | 100 | $39.17 | 65,137 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2019-05-01 | 2,000 | $3.79 | 2,000 | $3.79 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,612 | 2024-12-15 | No | 4 | M | Direct |
Footnotes
- Includes 4,620 Class A Common Stock restricted stock units that are unvested.
- The sale of the shares of Class A Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1 of the Exchange Act, previously entered into on March 14, 2019.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.13 to $39.03 per share, inclusive. The reporting person undertakes to provide to Altair Engineering Inc., any security holder of Altair Engineering Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- The options vested in 4 equal annual installments commencing December 15, 2015. This option is currently fully vested.
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