Filing Details

Accession Number:
0000899243-21-010445
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-08 19:24:43
Reporting Period:
2021-03-04
Accepted Time:
2021-03-08 19:24:43
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 2021-03-04 262 $61.51 5,130 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 293,555 Indirect By Howard N. Morof Revocable Trust dated August 7, 1992
Class A Common Stock 141,080 Indirect By Howard N. Morof Irrevocable Grantor Trust dated September 11, 2017
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.11 to $61.51 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.
  2. Includes 4,875 Class A Common Stock restricted stock units that are unvested.
  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.