Jeffrey Marraccini - Feb 16, 2022 Form 3/A - Amendment Insider Report for Altair Engineering Inc. (ALTR)

Signature
/s/ Raoul Maitra, attorney-in-fact for Jeffrey Marraccini
Stock symbol
ALTR
Transactions as of
Feb 16, 2022
Transactions value $
$0
Form type
3/A - Amendment
Date filed
3/2/2023, 09:54 AM
Date Of Original Report
Feb 28, 2022
Next filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ALTR Class A Common Stock 4.61K Feb 16, 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
holding ALTR Stock Option (Right to Buy) Feb 16, 2022 Class A Common Stock 640 $5.18 Direct F3
holding ALTR Stock Option (Right to Buy) Feb 16, 2022 Class A Common Stock 12K $39.82 Direct F4
holding ALTR Stock Option (Right to Buy) Feb 16, 2022 Class A Common Stock 12K $52.03 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment is being filed to correct the number of securities beneficially owned. The number of securities beneficially owned was misstated on the Reporting Person's original Form 3 filed with the Securities and Exchange Commission on February 28, 2022.
F2 Includes 2,746 Class A Common Stock restricted stock units that are unvested. Also includes 109 Class A Common Stock purchased under the Altair Engineering Inc. 2021 Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(c).
F3 The options vest in 4 equal annual installments commencing on June 9, 2018.
F4 On June 2, 2020, the Reporting Person was granted options covering 12,000 shares of Class A Common Stock. Of such options, options covering 6,000 shares vest on June 2, 2022 and options covering 6,000 shares vest on June 2, 2023.
F5 On December 2, 2020, the Reporting Person was granted options covering 12,000 shares of Class A Common Stock. Of such options, options covering 6,000 shares vest on December 2, 2022 and options covering 6,000 shares vest on December 2, 2023.

Remarks:

Chief Information Security Officer