Amy Messano - 21 May 2024 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Chief Marketing Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Amy Messano
Issuer symbol
ALTR
Transactions as of
21 May 2024
Net transactions value
-$1,796,781
Form type
4
Filing time
23 May 2024, 13:29:27 UTC
Previous filing
10 May 2024
Next filing
16 Jul 2024
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 +16,865 +93% $0.000000 35,006 21 May 2024 Direct F1
transaction ALTR Class A Common Stock Options Exercise $0 +1,424 +4.1% $0.000000 36,430 21 May 2024 Direct F1
transaction ALTR Class A Common Stock Options Exercise $0 +1,563 +4.3% $0.000000 37,993 21 May 2024 Direct F1
transaction ALTR Class A Common Stock Sale $1,796,781 -19,852 -52% $90.51 18,141 21 May 2024 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 -16,865 -75% $0.000000 5,635 21 May 2024 Class A Common Stock 16,865 $39.82 Direct F3
transaction ALTR Stock Option (Right to Buy) Options Exercise $0 -1,424 -48% $0.000000 1,570 21 May 2024 Class A Common Stock 1,424 $61.93 Direct F4
transaction ALTR Stock Option (Right to Buy) Options Exercise $0 -1,563 -100% $0.000000* 0 21 May 2024 Class A Common Stock 1,563 $30.15 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 8,236 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 $90.08 to $91.07 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 June 2, 2022. This option is currently fully vested.
F4 The options vest in 4 equal annual installments commencing March 15, 2024.
F5 Exercise price was initially reported incorrectly on a Form 4 filed on March 13, 2020. This Form 4 reflects the correct exercise price.
F6 The options vested in 4 equal annual installments commencing March 11, 2021. This option is currently fully vested.