SECURITIES AND EXCHANGE COMMISSION
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 18, 2022, Altair Engineering Inc. (the “Company”) and Dr. Uwe Schramm mutually agreed that Dr. Schramm would step down from his position as the Company’s Chief Visionary Officer, effective June 30, 2022, and cease to be employed by the Company and its subsidiaries, effective December 31, 2022. It is anticipated that Dr. Schramm and the Company will enter into a separation agreement governed by, and consistent with the terms of, Dr. Scrhamm’s severance agreement as described in the Company’s Current Reports on Form 8-K filed on August 17, 2020 and January 27, 2021.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|ALTAIR ENGINEERING INC.|
|Dated: June 24, 2022||By:|| |
/s/ Raoul Maitra
|Name: Raoul Maitra|
|Title: Chief Legal Officer|