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

Role
Chief Operating Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Stephanie Bucker
Stock symbol
ALTR
Transactions as of
Mar 1, 2023
Transactions value $
-$11,108
Form type
4
Date filed
3/3/2023, 12:00 PM
Previous filing
Jan 18, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Sale -$11.1K -174 -1.75% $63.84 9.77K Mar 1, 2023 Direct F1
transaction ALTR Class A Common Stock Award $0 +5K +51.16% $0.00 14.8K Mar 2, 2023 Direct F2, F3
transaction ALTR Class A Common Stock Award $0 +593 +9.83% $0.00 6.63K Mar 2, 2023 By husband F4, F5

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 +12.5K $0.00 12.5K Mar 2, 2023 Class A Common Stock 12.5K $65.19 Direct F6
transaction ALTR Stock Option (Right to Buy) Award $0 +1.78K $0.00 1.78K Mar 2, 2023 Class A Common Stock 1.78K $65.19 By husband F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,975 Class A Common Stock restricted stock units that are unvested.
F2 On March 2, 2023, the Reporting Person was granted 5,000 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing March 2, 2024.
F3 Includes 8,975 Class A Common Stock restricted stock units that are unvested.
F4 On March 2, 2023, the Reporting Person's husband was granted 593 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing March 2, 2024.
F5 Includes 3,646 Class A Common Stock restricted stock units that are unvested.
F6 On March 2, 2023, the Reporting Person was granted 12,500 Class A Common Stock options, the options vest in 4 equal annual installments commencing March 2, 2024.
F7 On March 2, 2023, the Reporting Person's husband was granted 1,780 Class A Common Stock options, the options vest in 4 equal annual installments commencing March 2, 2024.