FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Buckner Stephanie
2. Date of Event Requiring Statement (MM/DD/YYYY)
1/4/2021 

3. Issuer Name and Ticker or Trading Symbol

Altair Engineering Inc. [ALTR]
(Last)        (First)        (Middle)

C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER ROAD
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
See Remarks /
(Street)

TROY, MI 48083      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 5988 (1)D  
Class A Common Stock 3543 (2)I By husband 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)  (3)6/9/2027 Class A Common Stock 300 $5.18 D  
Stock Option (right to buy)  (4)3/11/2030 Class A Common Stock 935 $30.15 D  
Stock Option (right to buy)  (5)6/2/2030 Class A Common Stock 22500 $39.82 D  
Stock Option (right to buy)  (6)12/2/2030 Class A Common Stock 22500 $52.03 D  
Stock Option (right to buy)  (7)6/2/2030 Class A Common Stock 6000 $39.82 I By husband 
Stock Option (right to buy)  (8)12/2/2030 Class A Common Stock 6000 $52.03 I By husband 

Explanation of Responses:
(1) Includes 2,250 Class A Common Stock restricted stock units that are unvested.
(2) Includes 3,050 Class A Common Stock restricted stock units that are unvested.
(3) The options vest in 4 equal annual installments commencing on June 9, 2018.
(4) The options vest in 4 equal annual installments commencing on March 11, 2021.
(5) On June 2, 2020, the Reporting Person was granted options covering 22,500 shares of Class A Common Stock. Of such options, options covering 11,250 shares vest on June 2, 2022 and options covering 11,250 shares vest on June 2, 2023.
(6) On December 2, 2020, the Reporting Person was granted options covering 22,500 shares of Class A Common Stock. Of such options, options covering 11,250 shares vest on December 2, 2022 and options covering 11,250 shares vest on December 2, 2023.
(7) On June 2, 2020, the Reporting Person's husband was granted options covering 6,000 shares of Class A Common Stock. Of such options, options covering 3,000 shares vest on June 2, 2022 and options covering 3,000 shares vest on June 2, 2023.
(8) On December 2, 2020, the Reporting Person's huband was granted options covering 6,000 shares of Class A Common Stock. Of such options, options covering 3,000 shares vest on December 2, 2022 and options covering 3,000 shares vest on December 2, 2023.

Remarks:
Senior Vice President, Customer Engagement & Corporate Development

Exhibit List
Exhibit 24 - Power of Attorney

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Buckner Stephanie
C/O ALTAIR ENGINEERING INC.
1820 E. BIG BEAVER ROAD
TROY, MI 48083


See Remarks

Signatures
/s/ Raoul Maitra, attorney-in-fact for Stephanie Buckner1/14/2021
**Signature of Reporting PersonDate

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