Filing Details

Accession Number:
0001127602-22-009401
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-15 21:00:38
Reporting Period:
2022-02-15
Accepted Time:
2022-03-15 21:00:38
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 Rd.
Troy MI 48083
Chief Vision 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 2022-02-15 2,850 $0.00 41,115 No 4 A Direct
Class A Common Stock Disposition 2022-03-14 128 $59.96 40,765 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A 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) Acquisiton 2022-02-15 8,500 $0.00 8,500 $61.79
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,500 2032-02-15 No 4 A Direct
Footnotes
  1. On February 15, 2022, the Reporting Person was granted 2,850 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing February 15, 2023.
  2. Includes 7,562 Class A Common Stock restricted stock units that are unvested.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.96 to $60.12 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.
  4. Includes 7,200 Class A Common Stock restricted stock units that are unvested.
  5. On February 15, 2022, the Reporting Person was granted 8,500 Class A Common Stock options, the options vest in 4 equal annual installments commencing February 15, 2023.