4//SEC Filing
GC Investments LLC 4
Accession 0000950170-25-045276
CIK 0001701732other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 4:25 PM ET
Size
7.8 KB
Accession
0000950170-25-045276
Insider Transaction Report
Form 4
GC Investments LLC
10% Owner
Transactions
- Disposition to Issuer
Class B Common Stock
2025-03-26$113.00/sh−4,044,004$456,972,452→ 0 totalExercise: $0.00→ Class A Common Stock (4,044,004 underlying) - Disposition to Issuer
Class A Common Stock
2025-03-26$113.00/sh−300,000$33,900,000→ 0 total
Footnotes (4)
- [F1]On March 26, 2025, the Company was acquired by Siemens Industry Software Inc. ("Siemens") pursuant to the merger agreement entered into among the Company, Siemens, and Astra Merger Sub Inc., dated as of October 30, 2024.
- [F2]Upon the consummation of the merger, each issued and outstanding share of the Company's Class A Common Stock was canceled and converted into the right receive $113.00 in cash without interest.
- [F3]Upon the consummation of the merger, each issued and outstanding share of the Company's Class B Common Stock was canceled and converted into the right receive $113.00 in cash without interest.
- [F4]Each share of the Company's Class B Common Stock was immediately convertible, at the option of the shareholder, into one share of Class A Common Stock and automatically convertible into Class A Common Stock upon the occurrence of certain events.
Documents
Issuer
Altair Engineering Inc.
CIK 0001701732
Entity typeother
IncorporatedMI
Related Parties
1- filerCIK 0001720808
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 4:25 PM ET
- Size
- 7.8 KB