Uwe Schramm - Sep 1, 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
Stock symbol
ALTR
Transactions as of
Sep 1, 2021
Transactions value $
-$349,100
Form type
4
Date filed
9/1/2021, 04:47 PM
Previous filing
Aug 10, 2021
Next filing
Nov 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Options Exercise $25.9K +5K +11.56% $5.18* 48.3K Sep 1, 2021 Direct F1
transaction ALTR Class A Common Stock Sale -$375K -5K -10.36% $75.00 43.3K Sep 1, 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 -5K -28.84% $0.00 12.3K Sep 1, 2021 Class A Common Stock 5K $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 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.
F3 The options vest in 4 equal annual installments commencing June 9, 2018.

Remarks:

Chief Technical Officer, Modeling/Visualization