Filing Details
- Accession Number:
- 0000899243-20-031155
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-11-16 18:32:36
- Reporting Period:
- 2020-11-13
- Accepted Time:
- 2020-11-16 18:32:36
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1701732 | Altair Engineering Inc. | ALTR | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1635563 | Richard Hart | C/O Altair Engineering Inc. 1820 E. Big Beaver Road Troy MI 48083 | Yes | No | 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 | 2020-11-13 | 8,000 | $5.18 | 17,000 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2020-11-13 | 8,000 | $48.98 | 9,000 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | 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 | 2020-11-13 | 8,000 | $0.00 | 8,000 | $5.18 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
16,000 | 2027-06-09 | No | 4 | M | Direct |
Footnotes
- Consists of 4,500 Class A Common Stock restricted stock units that are unvested.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.95 to $49.10 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 option became exercisable as to 50% of the shares on June 9, 2018 and the remaining shares vested on June 9, 2019. The option is currently fully vested.