Filing Details
- Accession Number:
- 0000899243-20-017072
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-06-18 15:30:22
- Reporting Period:
- 2020-06-16
- Accepted Time:
- 2020-06-18 15:30:22
- 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 |
|---|---|---|---|---|---|---|---|
| 1720315 | N Howard Morof | C/O Altair Engineering Inc. 1820 E. Big Beaver Road Troy MI 48083 | Chief Financial Officer | No | Yes | No | 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 | Disposition | 2020-06-16 | 4,000 | $38.21 | 325,555 | No | 4 | S | Indirect | By Howard N. Morof Revocable Trust dated August 7, 1992 |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By Howard N. Morof Revocable Trust dated August 7, 1992 |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 5,392 | Direct | |
| Class A Common Stock | 141,080 | Indirect | By Howard N. Morof Irrevocable Grantor Trust dated September 11, 2017 |
Footnotes
- 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 November 18, 2019.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.71 to $38.60 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.
- The Reporting Person serves as trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- Includes 5,392 Class A Common Stock restricted stock units that are unvested.
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