Uwe Schramm - 08 Jun 2021 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Chief Technical Officer, Modeling/Visualization
Signature
/s/ Raoul Maitra, attorney-in-fact for Uwe Schramm
Issuer symbol
ALTR
Transactions as of
08 Jun 2021
Net transactions value
-$274,268
Form type
4
Filing time
09 Jun 2021, 09:24:12 UTC
Previous filing
08 Jun 2021
Next filing
10 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Options Exercise $23,046 +4,449 +10% $5.18* 47,714 08 Jun 2021 Direct F1
transaction ALTR Class A Common Stock Sale $297,313 -4,449 -9.3% $66.83 43,265 08 Jun 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALTR Stock Option (Right to Buy) Options Exercise $0 -4,449 -17% $0.000000 22,336 08 Jun 2021 Class A Common Stock 4,449 $5.18 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 5,229 Class A Common Stock restricted stock units that are unvested.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.66 to $67.005 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.
F3 The options vest in 4 equal annual installments commencing June 9, 2018.

Remarks:

Chief Technical Officer, Modeling/Visualization