Nelson Dias - 15 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
15 Mar 2023
Net transactions value
-$99,776
Form type
4
Filing time
16 Mar 2023, 09:08:50 UTC
Previous filing
03 Mar 2023
Next filing
17 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 Options Exercise $0 +1,524 +4.4% $0.000000 36,275 15 Mar 2023 Direct F1
transaction ALTR Class A Common Stock Sale $99,776 -1,524 -4.2% $65.47 34,751 15 Mar 2023 Direct F1

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) Options Exercise $0 -1,524 -100% $0.000000* 0 15 Mar 2023 Class A Common Stock 1,524 $3.79 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 9,275 Class A Common Stock restricted stock units that are unvested.
F2 The options vested in 4 equal annual installments commencing December 15, 2015. This option is currently fully vested.