Nelson Dias - 23 Nov 2022 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Chief Revenue Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Nelson Navin Patrick Dias
Issuer symbol
ALTR
Transactions as of
23 Nov 2022
Net transactions value
-$178,516
Form type
4
Filing time
25 Nov 2022, 13:48:53 UTC
Previous filing
18 Jul 2022
Next filing
16 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Options Exercise $9,920 +4,000 +13% $2.48* 34,124 23 Nov 2022 Direct F1
transaction ALTR Class A Common Stock Sale $188,436 -4,000 -12% $47.11 30,124 23 Nov 2022 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 -4,000 -100% $0.000000* 0 23 Nov 2022 Class A Common Stock 4,000 $2.48 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 6,272 Class A Common Stock restricted stock units that are unvested.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.00 to $47.31 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.
F3 The options vested in 4 equal annual installments commencing December 21, 2013. This option is currently fully vested.