George J. Christ - May 17, 2024 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
10%+ Owner
Signature
/s/ Raoul Maitra, attorney-in-fact for George J. Christ
Stock symbol
ALTR
Transactions as of
May 17, 2024
Transactions value $
-$4,517,986
Form type
4
Date filed
5/20/2024, 10:19 AM
Previous filing
May 9, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Sale -$4.32M -47.8K -15.93% $90.32 252K May 17, 2024 By GC Investments LLC F1, F2
transaction ALTR Class A Common Stock Sale -$201K -2.2K -0.87% $91.16 250K May 17, 2024 By GC Investments LLC F2, F3
holding ALTR Class A Common Stock 100K May 17, 2024 By Christ Revocable Trust dated May 8, 2015 F4
holding ALTR Class A Common Stock 187K May 17, 2024 By The Dana Christ Irrevocable Trust Dated May 8, 2015 F5
holding ALTR Class A Common Stock 187K May 17, 2024 By The Lauren Christ Irrevocable Trust Dated May 8, 2015 F5
* 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 $90.015 to $91.00 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 Reporting person serves as Manager. Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.07 to $91.28 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.
F4 Reporting person serves as Trustee. Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F5 Reporting person serves as co-Trustee. Reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.