SEC Form 4 · accession 0000899243-17-025362
Altair Engineering Inc. · ALTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Ralph Scapa
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Nov 3, 2017
Accepted (ET)
Nov 3, 2017 · 9:56 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001701732
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Nov 3, 2017 | M | 1,734,996 | $0.64 | A | 1,734,996 | D | |
| Class A Common Stock | Nov 3, 2017 | S | 1,734,996 | $12.09 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) | $0.64 | Nov 3, 2017 | M | 1,734,996 | D | Jul 1, 2010 | Jul 1, 2020 | Class A Common Stock | 1,734,996 | 0 | D |
Explanation of responses
- F1These shares were sold by the reporting person as a selling stockholder pursuant to an underwritten public offering by the Issuer. The offering closed on November 3, 2017. The reported sale price reflects the price at which the reporting person sold shares to the underwriters.
Remarks
Exhibit List