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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
23 May 2024, 13:29:27 UTC
Prior SEC filing
10 May 2024
Next SEC filing
16 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Raoul Maitra, attorney-in-fact for Amy Messano

Key filing fact

Amy Messano filed Form 4 for Altair Engineering Inc. (ALTR) on 23 May 2024.

Key facts

  • This page summarizes Amy Messano's Form 4 filing for Altair Engineering Inc. (ALTR).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 23 May 2024, 13:29.

Change

  • Previous filing in this sequence was filed on 10 May 2024.
  • Current net transaction value: -$1,796,781.

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
+16,865
Change %
+93%
Price
$0.000000
Shares after
35,006
Date
21 May 2024
Ownership
Direct
Footnotes
F1
ALTR transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+1,424
Change %
+4.1%
Price
$0.000000
Shares after
36,430
Date
21 May 2024
Ownership
Direct
Footnotes
F1
ALTR transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+1,563
Change %
+4.3%
Price
$0.000000
Shares after
37,993
Date
21 May 2024
Ownership
Direct
Footnotes
F1
ALTR transaction

Class A Common Stock

Sale

Transaction value
$1,796,781
Shares
-19,852
Change %
-52%
Price
$90.51
Shares after
18,141
Date
21 May 2024
Ownership
Direct
Footnotes
F1, F2

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
-16,865
Change %
-75%
Price
$0.000000
Shares after
5,635
Date
21 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
16,865
Exercise price
$39.82
Footnotes
F3
ALTR transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-1,424
Change %
-48%
Price
$0.000000
Shares after
1,570
Date
21 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,424
Exercise price
$61.93
Footnotes
F4
ALTR transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-1,563
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,563
Exercise price
$30.15
Footnotes
F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Includes 8,236 Class A Common Stock restricted stock units that are unvested.

Footnote 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.

Footnote F3

The options vested in 2 equal annual installments commencing June 2, 2022. This option is currently fully vested.

Footnote F4

The options vest in 4 equal annual installments commencing March 15, 2024.

Footnote F5

Exercise price was initially reported incorrectly on a Form 4 filed on March 13, 2020. This Form 4 reflects the correct exercise price.

Footnote F6

The options vested in 4 equal annual installments commencing March 11, 2021. This option is currently fully vested.

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