Filing Details

Accession Number:
0000899243-20-021664
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-06 18:34:25
Reporting Period:
2020-08-05
Accepted Time:
2020-08-06 18:34:25
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
1720312 Uwe Schramm C/O Altair Engineering Inc.
1820 E. Big Beaver Road
Troy MI 48083
See Remarks 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 Acquisiton 2020-08-05 2,802 $3.84 54,649 No 4 M Direct
Class A Common Stock Disposition 2020-08-05 2,802 $42.00 51,847 No 4 S Direct
Class A Common Stock Disposition 2020-08-05 5,000 $42.00 46,847 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 Stock Option (right to buy) Disposition 2020-08-05 2,802 $3.84 2,802 $3.84
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,198 2025-12-17 No 4 M Direct
Footnotes
  1. Includes 4,783 Class A Common Stock restricted stock units that are unvested.
  2. 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 10, 2020.
  3. The options vested in 4 equal annual installments commencing December 17, 2016.The options are currently fully vested.