0000899243-21-012281.txt : 20210317 0000899243-21-012281.hdr.sgml : 20210317 20210317185035 ACCESSION NUMBER: 0000899243-21-012281 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210315 FILED AS OF DATE: 20210317 DATE AS OF CHANGE: 20210317 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Scapa James Ralph CENTRAL INDEX KEY: 0001720314 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38263 FILM NUMBER: 21752259 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] 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 doc4.xml FORM 4 SUBMISSION X0306 4 2021-03-15 0 0001701732 Altair Engineering Inc. ALTR 0001720314 Scapa James Ralph C/O ALTAIR ENGINEERING INC. 1820 E. BIG BEAVER ROAD TROY MI 48083 1 1 1 0 Chief Executive Officer Class A Common Stock 2021-03-15 4 C 0 13916 0.00 A 13916 I By James R. Scapa Declaration of Trust dated March 5, 1987 Class A Common Stock 2021-03-15 4 S 0 500 59.817 D 13416 I By James R. Scapa Declaration of Trust dated March 5, 1987 Class A Common Stock 2021-03-15 4 S 0 5895 60.704 D 7521 I By James R. Scapa Declaration of Trust dated March 5, 1987 Class A Common Stock 2021-03-15 4 S 0 7521 61.847 D 0 I By James R. Scapa Declaration of Trust dated March 5, 1987 Class A Common Stock 2021-03-15 4 C 0 9322 0.00 A 9322 I By JRS Investments LLC Class A Common Stock 2021-03-15 4 S 0 2600 60.42 D 6722 I By JRS Investments LLC Class A Common Stock 2021-03-15 4 S 0 2402 61.129 D 4320 I By JRS Investments LLC Class A Common Stock 2021-03-15 4 S 0 4320 61.899 D 0 I By JRS Investments LLC Class A Common Stock 2021-03-15 4 A 0 20000 0.00 A 121520 D Class A Common Stock 2021-03-16 4 C 0 19086 0.00 A 19086 I By James R. Scapa Declaration of Trust dated March 5, 1987 Class A Common Stock 2021-03-16 4 S 0 3325 60.196 D 15761 I By James R. Scapa Declaration of Trust dated March 5, 1987 Class A Common Stock 2021-03-16 4 S 0 10806 60.899 D 4955 I By James R. Scapa Declaration of Trust dated March 5, 1987 Class A Common Stock 2021-03-16 4 S 0 4955 61.709 D 0 I By James R. Scapa Declaration of Trust dated March 5, 1987 Class A Common Stock 2021-03-16 4 C 0 16668 0.00 A 16668 I By JRS Investments LLC Class A Common Stock 2021-03-16 4 S 0 10027 60.642 D 6641 I By JRS Investments LLC Class A Common Stock 2021-03-16 4 S 0 6641 61.587 D 0 I By JRS Investments LLC Class A Common Stock 121520 D Class B Common Stock 0.00 2021-03-15 4 C 0 13916 0.00 D Class A Common Stock 13916 10782080 I By James R. Scapa Declaration of Trust dated March 5, 1987 Class B Common Stock 0.00 2021-03-15 4 C 0 9322 0.00 D Class A Common Stock 9322 7064682 I By JRS Investments LLC Stock Option (right to buy) 61.93 2021-03-15 4 A 0 40000 0.00 A 2031-03-15 Class A Common Stock 40000 40000 D Class B Common Stock 0.00 2021-03-16 4 C 0 19086 0.00 D Class A Common Stock 19086 10762994 I By James R. Scapa Declaration of Trust dated March 5, 1987 Class B Common Stock 0.00 2021-03-16 4 C 0 16668 0.00 D Class A Common Stock 16668 7048014 I By JRS Investments LLC 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 June 15, 2020 and as modified on December 15, 2020. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.42 to $60.37 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 $60.42 to $61.27 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.43 to $62.00 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.67 to $60.64 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 $60.67 to $61.66 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 $61.68 to $62.04 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. On March 15, 2021, the Reporting Person was granted 20,000 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing March 15, 2022. Includes 52,000 Class A Common Stock restricted stock units that are unvested. 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.'s Registration Statement filed with the Securities and Exchange Commission on Form S-1 (File No. 333-225412) for a description of the conversion rights. On March 15, 2021, the Reporting Person was granted 40,000 Class A Common Stock options, the options vest in 4 equal annual installments commencing March 15, 2022. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.47 to $60.43 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 $60.47 to $61.46 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 $61.47 to $62.01 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 $60.08 to $61.05 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.12 to $62.05 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. /s/ Raoul Maitra, attorney-in-fact for James R. Scapa 2021-03-17