Shekar Ayyar - Mar 1, 2023 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role: Director
Signature: /s/ Raoul Maitra, attorney-in-fact for Shekar Ayyar
Stock symbol: ALTR
Transactions as of: Mar 1, 2023
Transactions value $: -$270,486
Form type: 4
Date filed: 3/2/2023, 07:07 AM
Previous filing: May 13, 2022
Next filing: May 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALTR	Class A Common Stock	Sale	-$270K	-4.18K	-41.08%	$64.76	5.99K	Mar 1, 2023	Direct	F1, F2

* 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 $64.73 to $64.85 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 5,991 Class A Common Stock restricted stock units that are unvested.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.73 to $64.85 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.

Includes 5,991 Class A Common Stock restricted stock units that are unvested.