Uwe Schramm - 01 Sep 2021 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Reporting relationship: Chief Technical Officer, Modeling/Visualization
Issuer ticker: ALTR
Reported as of: 01 Sep 2021
Net transaction value: -$349,100
SEC form: 4
Accepted by SEC: 01 Sep 2021, 16:47:27 UTC
Prior SEC filing: 10 Aug 2021
Next SEC filing: 05 Nov 2021
Source filing: View source filing
Reporting owner signature: /s/ Raoul Maitra, attorney-in-fact for Uwe Schramm

Key filing fact

Uwe Schramm filed Form 4 for Altair Engineering Inc. (ALTR) on 01 Sep 2021.

Key facts

This page summarizes Uwe Schramm's Form 4 filing for Altair Engineering Inc. (ALTR).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 01 Sep 2021, 16:47.

Change

Previous filing in this sequence was filed on 10 Aug 2021.
Current net transaction value: -$349,100.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ALTR transaction

Class A Common Stock

Options Exercise

Transaction value: $25,900
Shares: +5,000
Change %: +12%
Price: $5.18^*
Shares after: 48,265
Date: 01 Sep 2021
Ownership: Direct
Footnotes: F1

ALTR transaction

Class A Common Stock

Sale

Transaction value: $375,000
Shares: -5,000
Change %: -10%
Price: $75.00
Shares after: 43,265
Date: 01 Sep 2021
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ALTR transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -29%
Price: $0.000000
Shares after: 12,336
Date: 01 Sep 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,000
Exercise price: $5.18
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Includes 5,229 Class A Common Stock restricted stock units that are unvested.

Footnote F2

The sale of the shares of Class A Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1 of the Exchange Act, previously entered into on June 10, 2021.

Footnote F3

The options vest in 4 equal annual installments commencing June 9, 2018.

SEC remarks

Chief Technical Officer, Modeling/Visualization