Christ Revocable Trust 4
4 · Altair Engineering Inc. · Filed Mar 26, 2025
Insider Transaction Report
Form 4
Christ Revocable Trust
10% Owner
Transactions
- Disposition to Issuer
Class B Common Stock
2025-03-26$113.00/sh−4,481,778$506,440,914→ 0 totalExercise: $0.00→ Class A Common Stock (4,481,778 underlying)
Footnotes (3)
- [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 B Common Stock was canceled and converted into the right receive $113.00 in cash without interest.
- [F3]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.