SEC Form 4 · accession 0000899243-18-017688
Altair Engineering Inc. · ALTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard N Morof
Officer — Chief Financial Officer
Period of report
Jun 20, 2018
Accepted (ET)
Jun 22, 2018 · 4:05 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 20, 2018 | M | 20,000 | $2.48 | A | 22,070 | D | |
| Class A Common StockF1 | Jun 20, 2018 | M | 2,595 | $3.79 | A | 24,665 | D | |
| Class A Common StockF1 | Jun 20, 2018 | M | 1,512 | $3.84 | A | 26,177 | D | |
| Class A Common StockF1 | Jun 20, 2018 | M | 1,936 | $3.64 | A | 28,113 | D | |
| Class A Common StockF1 | Jun 20, 2018 | M | 6,806 | $5.18 | A | 34,919 | D | |
| Class A Common StockF1 | Jun 20, 2018 | G | 32,849 | $0.00 | D | 2,070 | D | |
| Class A Common StockF2 | Jun 20, 2018 | G | 32,849 | $0.00 | A | 361,769 | I | By Howard N. Morof Revocable Trust dated August 7, 1992 |
| Class A Common StockF2 | holding | — | — | — | 141,080 | I | By Howard N. Morof Irrevocable Grantor Trust dated September 11, 2017 |
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) | $2.48 | Jun 20, 2018 | M | 20,000 | A | Aug 6, 2017 | Aug 6, 2023 | Class A Common Stock | 20,000 | 0 | D |
| Stock Option (right to buy)F3 | $3.79 | Jun 20, 2018 | M | 2,595 | A | — | Dec 15, 2024 | Class A Common Stock | 2,595 | 865 | D |
| Stock Option (right to buy)F4 | $3.84 | Jun 20, 2018 | M | 1,512 | A | — | Dec 17, 2025 | Class A Common Stock | 1,512 | 1,512 | D |
| Stock Option (right to buy)F5 | $3.64 | Jun 20, 2018 | M | 1,936 | A | — | May 17, 2026 | Class A Common Stock | 1,936 | 1,936 | D |
| Stock Option (right to buy)F6 | $5.18 | Jun 20, 2018 | M | 6,806 | A | — | Jun 9, 2027 | Class A Common Stock | 6,806 | 20,418 | D |
Explanation of responses
- F1Includes 2,070 Class A Common Stock restricted stock units that are unvested.
- F2The reporting person serves as trustee. 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.
- F3The options vest in 4 equal annual installments commencing December 15, 2015.
- F4The options vest in 4 equal annual installments commencing December 17, 2016.
- F5The options vest in 4 equal annual installments commencing May 17, 2017.
- F6The options vest in 4 equal annual installments commencing June 9, 2018.