4//SEC Filing
Scapa James Ralph 4
Accession 0001127602-24-028288
CIK 0001701732other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 4:05 PM ET
Size
17.9 KB
Accession
0001127602-24-028288
Insider Transaction Report
Form 4
Scapa James Ralph
DirectorChief Executive Officer10% Owner
Transactions
- Conversion
Class A Common Stock
2024-11-29+6,500→ 6,500 total(indirect: By LLC) - Conversion
Class B Common Stock
2024-11-29−6,500→ 6,626,682 total(indirect: By LLC)Exercise: $0.00→ Class A Common Stock (6,500 underlying) - Conversion
Class A Common Stock
2024-11-29+6,500→ 6,500 total(indirect: By Trust) - Sale
Class A Common Stock
2024-11-29$105.69/sh−6,500$686,988→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
2024-11-29$105.69/sh−6,500$686,988→ 0 total(indirect: By LLC) - Conversion
Class B Common Stock
2024-11-29−6,500→ 10,241,110 total(indirect: By Trust)Exercise: $0.00→ Class A Common Stock (6,500 underlying)
Holdings
- 1,193(indirect: By Spouse)
Class A Common Stock
- 134,045
Class A Common Stock
Footnotes (7)
- [F1]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.
- [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 March 11, 2024.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.50 to $105.80 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]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]Includes 88,194 Class A Common Stock restricted stock units that are unvested.
- [F6]Includes 20 Class A Common Stock restricted stock units that are unvested.
- [F7]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. 333-220710) for a description of the conversion rights.
Documents
Issuer
Altair Engineering Inc.
CIK 0001701732
Entity typeother
Related Parties
1- filerCIK 0001720314
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 4:05 PM ET
- Size
- 17.9 KB