Mahalingam Srikanth - Mar 9, 2023 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Chief Technology Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Mahalingam Srikanth
Stock symbol
ALTR
Transactions as of
Mar 9, 2023
Transactions value $
-$216,004
Form type
4
Date filed
6/13/2023, 06:51 PM
Previous filing
Mar 3, 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 -$187K -2.47K -7.41% $75.55 30.9K Jun 12, 2023 Direct F1, F2
transaction ALTR Class A Common Stock Sale -$13.7K -180 -0.58% $76.25 30.7K Jun 12, 2023 Direct F2, F3
transaction ALTR Class A Common Stock Sale -$15.6K -232 -0.69% $67.25 33.3K Mar 9, 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 $75.24 to $76.19 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 9,489 Class A Common Stock restricted stock units that are unvested.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.24 to $76.26 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.