Uwe Schramm - Feb 15, 2022 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Chief Vision Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Uwe Schramm
Stock symbol
ALTR
Transactions as of
Feb 15, 2022
Transactions value $
-$7,675
Form type
4
Date filed
3/15/2022, 09:00 PM
Previous filing
Nov 5, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Award $0 +2.85K +7.45% $0.00 41.1K Feb 15, 2022 Direct F1, F2
transaction ALTR Class A Common Stock Sale -$7.68K -128 -0.31% $59.96 40.8K Mar 14, 2022 Direct F3, F4

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) Award $0 +8.5K $0.00 8.5K Feb 15, 2022 Class A Common Stock 8.5K $61.79 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 15, 2022, the Reporting Person was granted 2,850 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing February 15, 2023.
F2 Includes 7,562 Class A Common Stock restricted stock units that are unvested.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.96 to $60.12 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 Includes 7,200 Class A Common Stock restricted stock units that are unvested.
F5 On February 15, 2022, the Reporting Person was granted 8,500 Class A Common Stock options, the options vest in 4 equal annual installments commencing February 15, 2023.