A. Harris - Nov 14, 2023 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Director
Signature
/s/ Raoul Maitra, attorney-in-fact for Teresa Anita Harris
Stock symbol
ALTR
Transactions as of
Nov 14, 2023
Transactions value $
-$131,683
Form type
4
Date filed
11/16/2023, 08:48 AM
Previous filing
May 11, 2023
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Options Exercise $0 +1.8K +9.53% $0.00 20.7K Nov 14, 2023 Direct F1
transaction ALTR Class A Common Stock Sale -$132K -1.8K -8.7% $73.16 18.9K Nov 14, 2023 Direct F1, F2

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 -1.8K -9% $0.00 18.2K Nov 14, 2023 Class A Common Stock 1.8K $4.52 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,974 Class A Common Stock restricted stock units that are unvested.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.01 to $73.17 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.
F3 The options vested in 2 equal annual installments commencing November 23, 2017. This option is currently fully vested.