0001127602-24-001621.txt : 20240118
0001127602-24-001621.hdr.sgml : 20240118
20240118180104
ACCESSION NUMBER: 0001127602-24-001621
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240116
FILED AS OF DATE: 20240118
DATE AS OF CHANGE: 20240118
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Scapa James Ralph
CENTRAL INDEX KEY: 0001720314
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38263
FILM NUMBER: 24543152
MAIL ADDRESS:
STREET 1: 1820 E BIG BEAVER RD
CITY: TROY
STATE: MI
ZIP: 48083
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Altair Engineering Inc.
CENTRAL INDEX KEY: 0001701732
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 382591828
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1820 E. BIG BEAVER ROAD
CITY: TROY
STATE: MI
ZIP: 48083
BUSINESS PHONE: 248-614-2400
MAIL ADDRESS:
STREET 1: 1820 E. BIG BEAVER ROAD
CITY: TROY
STATE: MI
ZIP: 48083
FORMER COMPANY:
FORMER CONFORMED NAME: Altair Engineering Ing.
DATE OF NAME CHANGE: 20170322
4
1
form4.xml
PRIMARY DOCUMENT
X0508
4
2024-01-16
0001701732
Altair Engineering Inc.
ALTR
0001720314
Scapa James Ralph
C/O ALTAIR ENGINEERING INC.
1820 E. BIG BEAVER RD.
TROY
MI
48083
1
1
1
Chief Executive Officer
1
Class A Common Stock
103591
D
Class A Common Stock
1295
I
By wife
Class A Common Stock
2024-01-16
4
C
0
5000
0
A
5000
I
By James R. Scapa Declaration of Trust dated March 5, 1987
Class A Common Stock
2024-01-16
4
S
0
2096
83.4827
D
2904
I
By James R. Scapa Declaration of Trust dated March 5, 1987
Class A Common Stock
2024-01-16
4
S
0
2904
83.9104
D
0
I
By James R. Scapa Declaration of Trust dated March 5, 1987
Class A Common Stock
2024-01-16
4
C
0
5000
0
A
5000
I
By JRS Investments LLC
Class A Common Stock
2024-01-16
4
S
0
2095
83.4827
D
2905
I
By JRS Investments LLC
Class A Common Stock
2024-01-16
4
S
0
2905
83.9104
D
0
I
By JRS Investments LLC
Class B Common Stock
0
2024-01-16
4
C
0
5000
0
D
Class A Common Stock
5000
10296610
I
By James R. Scapa Declaration of Trust dated March 5, 1987
Class B Common Stock
0
2024-01-16
4
C
0
5000
0
D
Class A Common Stock
5000
6682182
I
By JRS Investments LLC
Includes 72,542 Class A Common Stock restricted stock units that are unvested.
Includes 265 Class A Common Stock restricted stock units that are unvested.
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.
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 December 14, 2022.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.70 to $83.68 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.70 to $84.05 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.
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.
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.
/s/ Raoul Maitra, attorney-in-fact for James R. Scapa
2024-01-18