Mahalingam Srikanth - 15 Feb 2022 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Signature
/s/ Raoul Maitra, attorney-in-fact for Mahalingam Srikanth
Issuer symbol
ALTR
Transactions as of
15 Feb 2022
Net transactions value
-$8,950
Form type
4
Filing time
18 Mar 2022, 12:55:02 UTC
Previous filing
19 Jan 2022
Next filing
18 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Award $0 +2,850 +14% $0.000000 23,827 15 Feb 2022 Direct F1, F2
transaction ALTR Class A Common Stock Sale $8,830 -151 -0.63% $58.48 23,676 16 Mar 2022 Direct F3
transaction ALTR Class A Common Stock Sale $120 -2 -0.01% $59.91 23,674 16 Mar 2022 Direct F3

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 +8,500 $0.000000 8,500 15 Feb 2022 Class A Common Stock 8,500 $61.79 Direct F4
* 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 7,369 Class A Common Stock restricted stock units that are unvested.
F3 Includes 5,816 Class A Common Stock restricted stock units that are unvested.
F4 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.