GC Investments LLC 4
4 · Altair Engineering Inc. · Filed Dec 11, 2023
Insider Transaction Report
Form 4
GC Investments LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-12-08+4,564→ 4,564 total - Conversion
Class B Common Stock
2023-12-08−4,564→ 4,644,004 totalExercise: $0.00→ Class A Common Stock (4,564 underlying) - Sale
Class A Common Stock
2023-12-08$71.58/sh−4,564$326,688→ 0 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.30 to $71.73 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.
- [F2]Each share of Class B common stock is immediately convertible, at the option of the shareholder, into one share of Class A common stock and shall automatically convert into Class A common stock upon the occurrence of certain events. Please see Altair Engineering Inc. Registration Statement filed with the Securities and Exchange Commission on Form S-1 (File No. 333-225412) for a description of the conversion rights.