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

Role
Chief Technical Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Mahalingam Srikanth
Stock symbol
ALTR
Transactions as of
Feb 15, 2022
Transactions value $
-$8,950
Form type
4
Date filed
3/18/2022, 12:55 PM
Previous filing
Jan 19, 2022
Next filing
Jul 18, 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 +13.59% $0.00 23.8K Feb 15, 2022 Direct F1, F2
transaction ALTR Class A Common Stock Sale -$8.83K -151 -0.63% $58.48 23.7K Mar 16, 2022 Direct F3
transaction ALTR Class A Common Stock Sale -$120 -2 -0.01% $59.91 23.7K Mar 16, 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 +8.5K $0.00 8.5K Feb 15, 2022 Class A Common Stock 8.5K $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.