Jan Kowal - 04 Jun 2021 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
08 Jun 2021, 13:12:13 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Raoul Maitra, attorney-in-fact for Jan Kowal

Key filing fact

Jan Kowal filed Form 4 for Altair Engineering Inc. (ALTR) on 08 Jun 2021.

Key facts

  • This page summarizes Jan Kowal's Form 4 filing for Altair Engineering Inc. (ALTR).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Jun 2021, 13:12.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$246,064.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ALTR transaction

Class A Common Stock

Options Exercise

Transaction value
$20,720
Shares
+4,000
Change %
+44%
Price
$5.18*
Shares after
13,000
Date
04 Jun 2021
Ownership
Direct
ALTR transaction

Class A Common Stock

Sale

Transaction value
$266,784
Shares
-4,000
Change %
-31%
Price
$66.70
Shares after
9,000
Date
04 Jun 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ALTR transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-4,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
04 Jun 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,000
Exercise price
$5.18
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jan Kowal is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.60 to $66.82 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.

Footnote F2

The option becomes exercisable as to 50% of the shares on June 9, 2018 and the remaining shares vest on June 9, 2019. This option is currently fully vested.

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