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

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Jun 2021, 13:10:40 UTC
Prior SEC filing
10 May 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Raoul Maitra, attorney-in-fact for James Dagg

Key filing fact

James Dagg filed Form 4 for Altair Engineering Inc. (ALTR) on 08 Jun 2021.

Key facts

  • This page summarizes James Dagg's Form 4 filing for Altair Engineering Inc. (ALTR).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Jun 2021, 13:10.

Change

  • Previous filing in this sequence was filed on 10 May 2021.
  • Current net transaction value: -$663,860.

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
$0
Shares
+10,000
Change %
+123%
Price
$0.000000
Shares after
18,147
Date
04 Jun 2021
Ownership
Direct
Footnotes
F1, F2
ALTR transaction

Class A Common Stock

Sale

Transaction value
$596,970
Shares
-9,000
Change %
-50%
Price
$66.33
Shares after
9,147
Date
04 Jun 2021
Ownership
Direct
Footnotes
F2, F3, F4
ALTR transaction

Class A Common Stock

Sale

Transaction value
$66,890
Shares
-1,000
Change %
-11%
Price
$66.89
Shares after
8,147
Date
04 Jun 2021
Ownership
Direct
Footnotes
F2, F3

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
Shares
-10,000
Change %
-1.8%
Price
Shares after
546,452
Date
04 Jun 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
10,000
Exercise price
$0.000000
Footnotes
F1, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The option exercise price is $0.000025.

Footnote F2

Includes 5,052 Class A Common Stock restricted stock units that are unvested.

Footnote F3

The sale of the shares of Class A Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1 of the Exchange Act, previously entered into on March 5, 2021.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.72 to $66.713 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 F5

The options vested upon grant. The option is currently fully vested.

SEC remarks

Chief Technical Officer, Modeling/Visualization

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