Filing Details

Accession Number:
0000899243-20-028491
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-10-16 14:22:18
Reporting Period:
2020-10-14
Accepted Time:
2020-10-16 14:22:18
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 2020-10-14 3,700 $46.47 309,855 No 4 S Indirect By Howard N. Morof Revocable Trust dated August 7, 1992
Class A Common Stock Disposition 2020-10-14 300 $47.43 309,555 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
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
  1. 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 August 14, 2020.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.27 to $47.00 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.
  3. 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.
  4. Includes 5,392 Class A Common Stock restricted stock units that are unvested.