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

Role
Chief People Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Gilma Saravia
Stock symbol
ALTR
Transactions as of
Mar 1, 2023
Transactions value $
-$59,052
Form type
4
Date filed
3/3/2023, 12:22 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 -$45.9K -719 -5.3% $63.84 12.8K Mar 1, 2023 Direct F1
transaction ALTR Class A Common Stock Sale -$13.2K -206 -1.6% $63.84 12.6K Mar 1, 2023 Direct F1
transaction ALTR Class A Common Stock Award $0 +3.67K +29.03% $0.00 16.3K 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 +9.17K $0.00 9.17K Mar 2, 2023 Class A Common Stock 9.17K $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 6,206 Class A Common Stock restricted stock units that are unvested.
F2 On March 2, 2023, the Reporting Person was granted 3,667 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing March 2, 2024.
F3 Includes 9,873 Class A Common Stock restricted stock units that are unvested.
F4 On March 2, 2023, the Reporting Person was granted 9,168 Class A Common Stock options, the options vest in 4 equal annual installments commencing March 2, 2024.