Ravi Kunju - 09 Nov 2022 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role: Chief Product Strategy Officer
Signature: /s/ Raoul Maitra, attorney-in-fact for Ravi Kunju
Issuer symbol: ALTR
Transactions as of: 09 Nov 2022
Transactions value $: $446,300
Form type: 4
Filing time: 10 Nov 2022, 20:23:10 UTC
Previous filing: 18 Oct 2022
Next filing: 16 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALTR	Common Stock	Award	$0	+5K	+21.65%	$0.00	28.1K	09 Nov 2022	Direct	F1, F2

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	$446K	+10K		$44.63	10K	09 Nov 2022	Class A Common Stock	10K	$44.63	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On November 9, 2022, the Reporting Person was granted 5,000 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing November 9, 2023.
F2	Includes 7,326 Class A Common Stock restricted stock units that are unvested.
F3	On November 9, 2022, the Reporting Person was granted 10,000 Class A Common Stock options, the options vest in 4 equal annual installments commencing November 9, 2023.