Morof Howard N 4
4 · Altair Engineering Inc. · Filed Mar 16, 2021
Insider Transaction Report
Form 4
Morof Howard N
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2021-03-12$59.52/sh−245$14,582→ 4,885 total - Award
Class A Common Stock
2021-03-15+2,093→ 6,978 total - Award
Stock Option (right to buy)
2021-03-15+6,280→ 6,280 totalExercise: $61.93Exp: 2031-03-15→ Class A Common Stock (6,280 underlying)
Holdings
- 141,080(indirect: By Trust)
Class A Common Stock
- 289,555(indirect: By Trust)
Class A Common Stock
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.45 to $60.86 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]Includes 4,403 Class A Common Stock restricted stock units that are unvested.
- [F3]On March 15, 2021, the Reporting Person was granted 2,093 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing March 15, 2022.
- [F4]Includes 5,671 Class A Common Stock restricted stock units that are unvested.
- [F5]The Reporting Person serves as trustee. The 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
- [F6]On March 15, 2021, the Reporting Person was granted 6,280 Class A Common Stock options, the options vest in 4 equal annual installments commencing March 15, 2022.