SEC Form 4 · accession 0000899243-19-006631
Altair Engineering Inc. · ALTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett R Chouinard
Officer — President · Director
Period of report
Mar 5, 2019
Accepted (ET)
Mar 7, 2019 · 3:23 pm EST
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 | Mar 5, 2019 | M | 4,000 | $0.64 | A | 48,114 | D | |
| Class A Common StockF2,F1 | Mar 5, 2019 | S | 4,000 | $35.61 | D | 44,114 | 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 | Mar 5, 2019 | M | 4,000 | D | Dec 31, 2013 | Dec 31, 2019 | Class A Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1Includes 1,553 Class A Common Stock restricted stock units that are unvested.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.510 to $35.895 per share, inclusive. The reporting person undertakes to provide to Altair Engineering Inc., any security holder of Altair Engineering Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.