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Filing Details

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
1720315	N Howard Morof	C/O Altair Engineering Inc. 1820 E. Big Beaver Road Troy MI 48083	Chief Financial Officer	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	2020-01-08	756	$3.84	5,606	No	4	M	Direct
Class A Common Stock	Disposition	2020-01-08	756	$0.00	4,850	No	4	G	Direct
Class A Common Stock	Acquisiton	2020-01-08	756	$0.00	336,438	No	4	G	Indirect	By Howard N. Morof Revocable Trust dated August 7, 1992
Class A Common Stock	Disposition	2020-02-04	4,000	$38.85	332,438	No	4	S	Indirect	By Howard N. Morof Revocable Trust dated August 7, 1992

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	G	Direct
No	4	G	Indirect	By Howard N. Morof Revocable Trust dated August 7, 1992
No	4	S	Indirect	By Howard N. Morof Revocable Trust dated August 7, 1992

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	2020-01-08	756	$0.00	756	$3.84

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2025-12-17	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	141,080	Indirect	By Howard N. Morof Irrevocable Grantor Trust dated September 11, 2017

Footnotes

Includes 4,850 Class A Common Stock restricted stock units that are unvested as of January 8, 2020.
The reporting person serves as trustee. Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
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 November 18, 2019.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.45 to $39.13 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 vest in 4 equal annual installments commencing December 17, 2016. This option is currently fully vested.