Jeffrey Marraccini - 05 Nov 2024 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Jeffrey Marraccini
Issuer symbol
ALTR
Transactions as of
05 Nov 2024
Net transactions value
-$189,878
Form type
4
Filing time
07 Nov 2024, 11:25:08 UTC
Previous filing
16 Jul 2024
Next filing
16 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Options Exercise $0 +948 +20% $0.000000 5,628 05 Nov 2024 Direct F1
transaction ALTR Class A Common Stock Options Exercise $0 +438 +7.8% $0.000000 6,066 05 Nov 2024 Direct F1
transaction ALTR Class A Common Stock Options Exercise $0 +438 +7.2% $0.000000 6,504 05 Nov 2024 Direct F1
transaction ALTR Class A Common Stock Sale $189,878 -1,824 -28% $104.10 4,680 05 Nov 2024 Direct F1

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 -948 -14% $0.000000 5,957 05 Nov 2024 Class A Common Stock 948 $65.19 Direct F2
transaction ALTR Stock Option (Right to Buy) Options Exercise $0 -438 -100% $0.000000 0 05 Nov 2024 Class A Common Stock 438 $50.11 Direct F3
transaction ALTR Stock Option (Right to Buy) Options Exercise $0 -438 -33% $0.000000 876 05 Nov 2024 Class A Common Stock 438 $50.11 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,825 Class A Common Stock restricted stock units that are unvested.
F2 The options vest in 4 equal annual installments commencing March 2, 2024.
F3 The options vested on May 11, 2023. This option is currently fully vested.
F4 The options vest in 3 equal annual installments commencing May 11, 2024.