Nelson Dias - 01 Mar 2023 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
01 Mar 2023
Net transactions value
-$23,812
Form type
4
Filing time
03 Mar 2023, 12:07:38 UTC
Previous filing
16 Dec 2022
Next filing
16 Mar 2023
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 Sale $23,812 -373 -1.2% $63.84 29,751 01 Mar 2023 Direct F1
transaction ALTR Class A Common Stock Award $0 +5,000 +17% $0.000000 34,751 02 Mar 2023 Direct F2, F3

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 +12,500 $0.000000 12,500 02 Mar 2023 Class A Common Stock 12,500 $65.19 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 5,322 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 10,322 Class A Common Stock restricted stock units that are unvested.
F4 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.