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.
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 | 9,000 | — | $61.79 |
| Option | 22,500 | — | $57.70 |
| Option | 6,000 | — | $64.15 |
| Option | 24,000 | — | $45.91 |
| Option | 20,625 | — | $65.19 |
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 |
|---|---|---|---|---|
| Involuntary termination without cause | $472,500 | $0 | $20,263 | — |
| Change in control and involuntary termination | $690,000 | $5,766,915 | $20,263 | — |
| Change in control, no termination | $0 | $5,766,915 | $0 | $5,766,915 |
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 |
The full Altair Engineering compensation record
free company briefThis page is one person within Altair Engineering's record. The company brief lists every named executive, each linking to their own page.
Compensation, 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.
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