George J. Christ - Jun 11, 2024 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
10%+ Owner
Signature
/s/ Raoul Maitra, attorney-in-fact for George J. Christ
Stock symbol
ALTR
Transactions as of
Jun 11, 2024
Transactions value $
-$18,971,823
Form type
4
Date filed
6/13/2024, 11:48 AM
Previous filing
May 22, 2024
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Sale -$4.49M -48.7K -48.7% $92.19 51.3K Jun 11, 2024 By Christ Revocable Trust dated May 8, 2015 F1, F2
transaction ALTR Class A Common Stock Sale -$4.76M -51.3K -100% $92.77 0 Jun 11, 2024 By Christ Revocable Trust dated May 8, 2015 F2, F3
transaction ALTR Class A Common Stock Sale -$7.42M -76.4K -38.19% $97.12 124K Jun 12, 2024 By GC Investments LLC F4, F5
transaction ALTR Class A Common Stock Sale -$2.3M -23.6K -19.1% $97.59 100K Jun 12, 2024 By GC Investments LLC F5, F6
holding ALTR Class A Common Stock 187K Jun 11, 2024 By The Dana Christ Irrevocable Trust Dated May 8, 2015 F7
holding ALTR Class A Common Stock 187K Jun 11, 2024 By The Lauren Christ Irrevocable Trust Dated May 8, 2015 F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.44 to $92.4375 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.
F2 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.44 to $93.25 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.40 to $97.385 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.
F5 Reporting person serves as Manager. 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.40 to $98.00 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.
F7 Reporting person serves as co-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.