Jan Kowal - 04 Jun 2021 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Director
Signature
/s/ Raoul Maitra, attorney-in-fact for Jan Kowal
Issuer symbol
ALTR
Transactions as of
04 Jun 2021
Net transactions value
-$246,064
Form type
4
Filing time
08 Jun 2021, 13:12:13 UTC
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 Options Exercise $20,720 +4,000 +44% $5.18* 13,000 04 Jun 2021 Direct
transaction ALTR Class A Common Stock Sale $266,784 -4,000 -31% $66.70 9,000 04 Jun 2021 Direct F1

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) Options Exercise $0 -4,000 -100% $0.000000* 0 04 Jun 2021 Class A Common Stock 4,000 $5.18 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jan Kowal is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.60 to $66.82 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.
F2 The option becomes exercisable as to 50% of the shares on June 9, 2018 and the remaining shares vest on June 9, 2019. This option is currently fully vested.