Brian Gayle - 16 Mar 2023 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role: Chief Accounting Officer
Signature: /s/ Raoul Maitra, attorney-in-fact for Brian Gayle
Issuer symbol: ALTR
Transactions as of: 16 Mar 2023
Net transactions value: -$24,677
Form type: 4
Filing time: 17 Mar 2023, 14:15:13 UTC
Previous filing: 03 Mar 2023
Next filing: 17 Jul 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	$19,296	-297	-1.6%	$64.97	18,264	16 Mar 2023	Direct	F1, F2
transaction	ALTR	Class A Common Stock	Sale	$5,381	-79	-0.43%	$68.11	18,185	17 Mar 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.95 to $65.86 per share, inclusive. The reporting person undertakes to provide to Altair Engineering Inc., any security holder of Altair Engineering Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F2	Includes 5,066 Class A Common Stock restricted stock units that are unvested.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.95 to $65.86 per share, inclusive. The reporting person undertakes to provide to Altair Engineering Inc., any security holder of Altair Engineering Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Includes 5,066 Class A Common Stock restricted stock units that are unvested.