Filing Details

Accession Number:
0000899243-17-025360
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-11-03 09:55:58
Reporting Period:
2017-11-03
Accepted Time:
2017-11-03 09:55:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1701732 Altair Engineering Inc. ALTR Services-Prepackaged Software (7372) 382591828
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1720808 Gc Investments Llc C/O Altair Engineering Inc.
1820 E. Big Beaver Road
Troy MI 48083
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2017-11-03 800,000 $0.00 800,000 No 4 C Direct
Class A Common Stock Disposition 2017-11-03 800,000 $12.09 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2017-11-03 800,000 $0.00 800,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,624,004 No 4 C Direct
Footnotes
  1. These shares were sold by the reporting person as a selling stockholder pursuant to an underwritten public offering by the Issuer. The offering closed on November 3, 2017. The reported sale price reflects the price at which the reporting person sold shares to the underwriters.
  2. Each share of Class B common stock is immediately convertible, at the option of the shareholder, into one share of Class A common stock and shall automatically convert into Class A common stock upon the occurrence of certain events. Please see Altair Engineering Inc. Registration Statement filed with the Securities and Exchange Commission on Form S-1 (File No. 333-220710) for a description of the conversion rights.