Form Type: 4

SEC EDGAR Link
Acccession Number:0000899243-19-013553
Date:2019-05-13
Issuer: ALTAIR ENGINEERING INC. (ALTR)
Original Submission Date:

Reporting Person:

CHOUINARD BRETT R
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 2019-05-13 M 2,992 a $3.79 50,522 direct
CLASS A COMMON STOCK 2019-05-13 M 3,000 a $3.84 53,522 direct
CLASS A COMMON STOCK 2019-05-13 M 2,006 a $3.64 55,528 direct
CLASS A COMMON STOCK 2019-05-13 S 7,400 d $34.07 48,128 direct
CLASS A COMMON STOCK 2019-05-13 S 598 d $34.80 47,530 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
STOCK OPTION (RIGHT TO BUY) 3.79 2019-05-13 deemed execution date M 2,992 (d) 2024-12-15 class a common stock 2,992 $3.79 0 direct
STOCK OPTION (RIGHT TO BUY) 3.84 2019-05-13 deemed execution date M 3,000 (d) 2025-12-17 class a common stock 3,000 $3.84 1,000 direct
STOCK OPTION (RIGHT TO BUY) 3.64 2019-05-13 deemed execution date M 2,006 (d) 2026-05-17 class a common stock 2,006 $3.64 2,006 direct
Footnotes
IDfootnote
f1 includes 4,969 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 march 12, 2019.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $33.66 to $34.52 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 $34.6 to $35.12 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 vested in 4 equal annual installments commencing december 15, 2015. the option is currently fully vested.
f6 the options vested in 4 equal annual installments commencing december 17, 2016.
f7 the options vested in 4 equal annual installments commencing may 17, 2017.

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