Form Type: 4

SEC EDGAR Link
Accession Number:0000899243-19-012352
Date:2019-05-02
Issuer: ALTAIR ENGINEERING INC. (ALTR)
Original Submission Date:

Reporting Person:

SCAPA JAMES RALPH
C/O ALTAIR ENGINEERING INC.
1820 E. BIG BEAVER ROAD TROY, MI 48083

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2019-05-02 C 12,685 a $0.00 12,685 indirect f1
CLASS A COMMON STOCK 2019-05-02 S 12,685 d $36.89 0 indirect f1
CLASS A COMMON STOCK 2019-05-02 C 4,059 a $0.00 4,059 indirect f4
CLASS A COMMON STOCK 2019-05-02 S 4,059 d $36.88 0 indirect f4
CLASS A COMMON STOCK 2019-05-02 0 $0.00 40,000 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
CLASS B COMMON STOCK 0.0 2019-05-02 deemed execution date C 12,685 (d) class a common stock 12,685 $0.00 11,593,117 indirect by james r. scapa declaration of trust dated march 5, 1987
CLASS B COMMON STOCK 0.0 2019-05-02 deemed execution date C 4,059 (d) class a common stock 4,059 $0.00 7,305,033 indirect by jrs investments, llc
Footnotes
IDfootnote
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 5, 2019.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $36.52 to $37.41 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 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $36.58 to $37.41 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.
f6 includes 35,000 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. 333-225412) for a description of the conversion rights.
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