Shekar G. Ayyar - 16 Jul 2021 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Director
Signature
/s/ Raoul Maitra, attorney-in-fact for Shekar Ayyar
Issuer symbol
ALTR
Transactions as of
16 Jul 2021
Net transactions value
$0
Form type
4
Filing time
19 Jul 2021, 19:44:08 UTC
Next filing
13 May 2022
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 Award $0 +3,117 $0.000000 3,117 16 Jul 2021 Direct F1, F2
transaction ALTR Class A Common Stock Award $0 +3,117 +100% $0.000000 6,234 16 Jul 2021 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 16, 2021, the Reporting Person was granted 3,117 Class A Common Stock restricted stock units, which vest in 3 equal annual installments commencing July 16, 2022. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F2 Includes 3,117 Class A Common Stock restricted stock units that are unvested.
F3 On July 16, 2021, the Reporting Person was granted 3,117 Class A Common Stock restricted stock units, which will vest on July 16, 2022. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F4 Includes 6,234 Class A Common Stock restricted stock units that are unvested.