David L. Simon - 15 Feb 2022 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Chief Administrative Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for David L. Simon
Issuer symbol
ALTR
Transactions as of
15 Feb 2022
Net transactions value
-$5,277
Form type
4
Filing time
15 Mar 2022, 21:02:32 UTC
Previous filing
19 Jan 2022
Next filing
09 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Award $0 +1,700 +7.2% $0.000000 25,178 15 Feb 2022 Direct F1, F2
transaction ALTR Class A Common Stock Sale $5,277 -88 -0.35% $59.96 24,999 14 Mar 2022 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALTR Stock Option (Right to Buy) Award $0 +5,100 $0.000000 5,100 15 Feb 2022 Class A Common Stock 5,100 $61.79 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 15, 2022, the Reporting Person was granted 1,700 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing February 15, 2023.
F2 Includes 5,097 Class A Common Stock restricted stock units that are unvested.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.96 to $60.10 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
F4 Includes 4,844 Class A Common Stock restricted stock units that are unvested.
F5 On February 15, 2022, the Reporting Person was granted 5,100 Class A Common Stock options, the options vest in 4 equal annual installments commencing February 15, 2023.