4//SEC Filing
Christ George J 4
Accession 0000950170-25-045288
CIK 0001701732other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 4:29 PM ET
Size
14.7 KB
Accession
0000950170-25-045288
Insider Transaction Report
Form 4
Christ George J
10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2025-03-26$113.00/sh−187,475$21,184,675→ 0 total(indirect: By Trust) - Disposition to Issuer
Class A Common Stock
2025-03-26$113.00/sh−300,000$33,900,000→ 0 total(indirect: By GC Investments) - Disposition to Issuer
Class B Common Stock
2025-03-26$113.00/sh−4,481,778$506,440,914→ 0 total(indirect: By Trust)Exercise: $0.00→ Class A Common Stock (4,481,778 underlying) - Disposition to Issuer
Class A Common Stock
2025-03-26$113.00/sh−187,475$21,184,675→ 0 total(indirect: By Trust) - Disposition to Issuer
Class B Common Stock
2025-03-26$113.00/sh−4,044,004$456,972,452→ 0 total(indirect: By GC Investments)Exercise: $0.00→ Class A Common Stock (4,044,004 underlying)
Footnotes (7)
- [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]Reporting person serves as co-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.
- [F4]Reporting person serves as Manager. 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.
- [F5]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.
- [F6]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.
- [F7]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.
Documents
Issuer
Altair Engineering Inc.
CIK 0001701732
Entity typeother
Related Parties
1- filerCIK 0001720807
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 4:29 PM ET
- Size
- 14.7 KB