James R. Scapa - Nov 15, 2022 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Raoul Maitra, attorney-in-fact for James R. Scapa
Stock symbol
ALTR
Transactions as of
Nov 15, 2022
Transactions value $
-$3,848,021
Form type
4
Date filed
11/17/2022, 08:41 AM
Previous filing
May 13, 2022
Next filing
Jan 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Sale -$2.89M -57.9K -35.94% $49.97 103K Nov 15, 2022 Direct F1, F2
transaction ALTR Class A Common Stock Sale -$954K -19.3K -18.66% $49.52 84K Nov 16, 2022 Direct F2, F3
holding ALTR Class A Common Stock 1.5K Nov 15, 2022 By wife F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.66 to $50.375 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.
F2 Includes 55,390 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 $49.24 to $49.985 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 752 Class A Common Stock restricted stock units that are unvested.