James R. Scapa Declaration of Trust 4
4 · Altair Engineering Inc. · Filed Mar 26, 2025
Insider Transaction Report
Form 4
James R. Scapa Declaration of Trust
10% Owner
Transactions
- Disposition to Issuer
Class B Common Stock
2025-03-26$113.00/sh−10,241,110$1,157,245,430→ 0 totalExercise: $0.00→ Class A Common Stock (10,241,110 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]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 Sttock upon the occurrence of certain events.
- [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.