Filing Details

Accession Number:
0000899243-20-031155
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-16 18:32:36
Reporting Period:
2020-11-13
Accepted Time:
2020-11-16 18:32:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1701732 Altair Engineering Inc. ALTR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1635563 Richard Hart C/O Altair Engineering Inc.
1820 E. Big Beaver Road
Troy MI 48083
Yes No 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 2020-11-13 8,000 $5.18 17,000 No 4 M Direct
Class A Common Stock Disposition 2020-11-13 8,000 $48.98 9,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 2020-11-13 8,000 $0.00 8,000 $5.18
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,000 2027-06-09 No 4 M Direct
Footnotes
  1. Consists of 4,500 Class A Common Stock restricted stock units that are unvested.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.95 to $49.10 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 option became exercisable as to 50% of the shares on June 9, 2018 and the remaining shares vested on June 9, 2019. The option is currently fully vested.