SEC Form 4 · accession 0000899243-18-015990
Altair Engineering Inc. · ALTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
GC Investments LLC
10% Owner
Period of report
Jun 11, 2018
Accepted (ET)
Jun 11, 2018 · 4:20 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 Stock | Jun 11, 2018 | C | 200,000 | $0.00 | A | 200,000 | D | |
| Class A Common Stock | Jun 11, 2018 | S | 200,000 | $33.425 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1 | $0.00 | Jun 11, 2018 | C | 200,000 | D | — | — | Class A Common Stock | 200,000 | 5,024,004 | D |
Explanation of responses
- F1Each share of Class B common stock is immediately convertible, at the option of the shareholder, into one share of Class A common stock and shall automatically convert into Class A common stock upon the occurrence of certain events. Please see Altair Engineering Inc. Registration Statement filed with the Securities and Exchange Commission on Form S-1 (File No. 333-225412) for a description of the conversion rights.