Chouinard Brett R 4
4 · Altair Engineering Inc. · Filed Jun 23, 2021
Insider Transaction Report
Form 4
Chouinard Brett R
Chief Operating Officer
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2021-06-23−5,000→ 18,460 totalExercise: $5.18Exp: 2027-06-09→ Class A Common Stock (5,000 underlying) - Exercise/Conversion
Class A Common Stock
2021-06-23$5.18/sh+5,000$25,900→ 18,228 total - Sale
Class A Common Stock
2021-06-23$66.53/sh−4,345$289,073→ 13,883 total - Sale
Class A Common Stock
2021-06-23$66.93/sh−655$43,839→ 13,228 total
Footnotes (5)
- [F1]Includes 9,972 Class A Common Stock restricted stock units that are unvested.
- [F2]The sale of the shares of Class A Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1 of the Exchange Act, previously entered into on May 13, 2021.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.85 to $66.73 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.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.90 to $66.935 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.
- [F5]The options vest in 4 equal annual installments commencing June 9, 2018.