Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-21-017410
Date:2021-05-17
Issuer: ALTAIR ENGINEERING INC. (ALTR)
Original Submission Date:

Reporting Person:

SCAPA JAMES RALPH
C/O ALTAIR ENGINEERING INC.
1820 E. BIG BEAVER RD. 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 2021-05-17 C 9,505 a $0.00 9,505 indirect f1
CLASS A COMMON STOCK 2021-05-17 S 9,305 d $65.08 200 indirect f1
CLASS A COMMON STOCK 2021-05-17 S 200 d $65.77 0 indirect f1
CLASS A COMMON STOCK 2021-05-17 C 8,425 a $0.00 8,425 indirect f4
CLASS A COMMON STOCK 2021-05-17 S 8,425 d $65.08 0 indirect f4
CLASS A COMMON STOCK 2021-05-18 C 17,515 a $0.00 17,515 indirect f1
CLASS A COMMON STOCK 2021-05-18 S 7,032 d $63.65 10,483 indirect f1
CLASS A COMMON STOCK 2021-05-18 S 6,802 d $64.71 3,681 indirect f1
CLASS A COMMON STOCK 2021-05-18 S 3,681 d $65.61 0 indirect f1
CLASS A COMMON STOCK 2021-05-18 C 15,445 a $0.00 15,445 indirect f4
CLASS A COMMON STOCK 2021-05-18 S 6,480 d $63.67 8,965 indirect f4
CLASS A COMMON STOCK 2021-05-18 S 6,179 d $64.76 2,786 indirect f4
CLASS A COMMON STOCK 2021-05-18 S 2,786 d $65.65 0 indirect f4
CLASS A COMMON STOCK 2021-05-17 0 $0.00 119,290 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 2021-05-17 deemed execution date C 9,505 (d) class a common stock 9,505 $0.00 10,706,491 indirect by james r. scapa declaration of trust dated march 5, 1987
CLASS B COMMON STOCK 0.0 2021-05-17 deemed execution date C 8,425 (d) class a common stock 8,425 $0.00 7,005,579 indirect by jrs investments llc
CLASS B COMMON STOCK 0.0 2021-05-18 deemed execution date C 17,515 (d) class a common stock 17,515 $0.00 10,688,976 indirect by james r. scapa declaration of trust dated march 5, 1987
CLASS B COMMON STOCK 0.0 2021-05-18 deemed execution date C 15,445 (d) class a common stock 15,445 $0.00 6,990,134 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 june 15, 2020 and as modified on december 15, 2020.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $64.74 to $65.53 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 $64.74 to $65.55 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 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $63.29 to $64.27 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.
f7 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $64.29 to $65.28 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.
f8 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $65.30 to $65.99 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.
f9 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $63.31 to $64.29 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.
f10 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $64.32 to $65.31 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.
f11 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $65.32 to $66.03 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.
f12 includes 47,000 class a common stock restricted stock units that are unvested.
f13 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.
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