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

Role
Chief Product Strategy Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Ravi Kunju
Stock symbol
ALTR
Transactions as of
Mar 1, 2023
Transactions value $
-$7,661
Form type
4
Date filed
3/3/2023, 12:12 PM
Previous filing
Jan 18, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Common Stock Sale -$7.66K -120 -0.43% $63.84 28.1K Mar 1, 2023 Direct F1
transaction ALTR Common Stock Award $0 +1.57K +5.57% $0.00 29.7K Mar 2, 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 +4.7K $0.00 4.7K Mar 2, 2023 Class A Common Stock 4.7K $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 6,976 Class A Common Stock restricted stock units that are unvested.
F2 On March 2, 2023, the Reporting Person was granted 1,567 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing March 2, 2024.
F3 Includes 8,543 Class A Common Stock restricted stock units that are unvested.
F4 On March 2, 2023, the Reporting Person was granted 4,700 Class A Common Stock options, the options vest in 4 equal annual installments commencing March 2, 2024.