SEC Form 4 · accession 0000899243-18-015974
Altair Engineering Inc. · ALTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Massimo Giuseppe Fariello
Officer — Chief Strategy Officer
Period of report
Jun 11, 2018
Accepted (ET)
Jun 11, 2018 · 4:15 pm 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 StockF1 | Jun 11, 2018 | M | 22,000 | $0.64 | A | 24,070 | D | |
| Class A Common Stock | Jun 11, 2018 | S | 22,000 | $33.425 | D | 2,070 | D | |
| Class A Common StockF2 | holding | — | — | — | 332,000 | I | By Advanced Studies Holding Future Srl |
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 | Jun 11, 2018 | M | 22,000 | A | Jul 1, 2014 | Jul 1, 2020 | Class A Common Stock | 22,000 | 38,000 | D |
Explanation of responses
- F1Includes 2,070 Class A Common Stock restricted stock units that are unvested.
- F2Reporting person serves as Chief Executive Officer. 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.