Matthew Brown compensation by year
Altair Engineering Summary Compensation Table · all 3 fiscal years held| Component | FY2021 | FY2022 | FY2023 |
|---|---|---|---|
| Salary | $400,000 | $425,000 | $435,000 |
| Bonus | $0 | $0 | $0 |
| Stock awards | $1,548,250 | $939,170 | $1,280,118 |
| Option awards | $1,007,433 | $932,903 | $576,263 |
| Non-equity incentive | $243,580 | $235,000 | $255,000 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $9,200 | $28,320 | $9,200 |
| Total | $3,208,463 | $2,560,393 | $2,555,581 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Altair Engineering Inc. DEF 14A filed April 5, 2024, accession 0001193125-24-087903, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Altair Engineering Inc. filed document, accession 0001193125-24-087903. Every figure is read from that document and cited to the page and table it appears in. Filed April 5, 2024.
Equity holdings
unvested awards at FY2023 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 12,500 | $1,051,875 | — |
| RSU | 8,250 | $694,238 | — |
| RSU | 3,000 | $252,450 | — |
| Option | 20,625 | — | $65.19 |
| Option | 22,500 | — | $57.70 |
| Option | 9,000 | — | $61.79 |
| Option | 6,000 | — | $64.15 |
| Option | 24,000 | — | $45.91 |
Per the Outstanding Equity Awards at Fiscal Year-End table in Altair Engineering Inc.'s FY2023 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments Altair Engineering discloses, by trigger · FY2023| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Change in control, no termination | $0 | $5,766,915 | $0 | $5,766,915 |
| Change in control and involuntary termination | $435,000 | $5,766,915 | $20,263 | $6,477,178 |
| Involuntary termination without cause | $217,500 | $0 | $20,263 | $492,763 |
Per the Potential Payments Upon Termination or Change in Control table in Altair Engineering Inc.'s FY2023 proxy. Estimates as the company printed them; a dash means it printed no figure.
Altair Engineering’s named executive officers, FY2023
as the company reported each| Named executive officer | Role | FY2023 total |
|---|---|---|
| James Scapa | Chief Executive Officer and Chairman | $7,318,992 |
| Matthew Brown · this page | Chief Financial Officer | $2,555,581 |
| Mahalingam Srikanth | Chief Technology Officer | $1,303,867 |
| Stephanie Buckner | Chief Operating Officer | $1,127,200 |
| Nelson Dias | Chief Revenue Officer | $1,105,200 |
Matthew Brown's compensation dossier, Altair Engineering
You have read Matthew Brown's totals and holdings. The dossier adds each equity grant Altair Engineering disclosed for Matthew Brown and Altair Engineering's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.
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Peer companies
named in the Altair Engineering proxy · each links to its own free briefCompensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Altair Engineering's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.