Hart Richard 4
4 · Altair Engineering Inc. · Filed Nov 16, 2020
Insider Transaction Report
Form 4
Hart Richard
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2020-11-13−8,000→ 16,000 totalExercise: $5.18Exp: 2027-06-09→ Class A Common Stock (8,000 underlying) - Exercise/Conversion
Class A Common Stock
2020-11-13$5.18/sh+8,000$41,440→ 17,000 total - Sale
Class A Common Stock
2020-11-13$48.98/sh−8,000$391,800→ 9,000 total
Footnotes (3)
- [F1]Consists of 4,500 Class A Common Stock restricted stock units that are unvested.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.95 to $49.10 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.
- [F3]The option became exercisable as to 50% of the shares on June 9, 2018 and the remaining shares vested on June 9, 2019. The option is currently fully vested.