Curtis A. Campbell - Jan 2, 2022 Form 4 Insider Report for BLUCORA, INC. (AVTA)

Role
President Software
Signature
/s/ Ann J. Bruder, as Attorney-in-Fact for Curtis A. Campbell
Stock symbol
AVTA
Transactions as of
Jan 2, 2022
Transactions value $
-$69,252
Form type
4
Date filed
1/4/2022, 08:24 PM
Previous filing
Nov 23, 2021
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVTA Common Stock Tax liability -$24.1K -1.39K -1.71% $17.32 79.7K Jan 2, 2022 Direct F1
transaction AVTA Common Stock Award $0 +32.8K +41.21% $0.00 113K Jan 3, 2022 Direct F2
transaction AVTA Common Stock Tax liability -$45.2K -2.54K -2.26% $17.80 110K Jan 4, 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the withholding by the Issuer of shares to pay taxes in connection with the vesting of restricted stock units ("RSUs"). The timing and amount of the transaction were determined by the terms of the applicable restricted stock unit award and were not within the control of the reporting person.
F2 Reflects a grant of RSU thats was made to the reporting person on January 3, 2022 and that will vest equally over a three-year period on each anniversary of the grant date.
F3 Not included in this amount are 85,868 performance-based RSUs of which (i) 12,301 are eligible to vest from 0% to 200% following the end of 2021, (ii) 15,184 are eligible to vest from 0% to 200% following the end of 2022, (iii) 25,550 are eligible to vest from 0% to 200% following the end of 2023 and (iv) 32,833 are eligible to vest from 0% to 200% following the end of 2024. Vesting for each award is subject to the Issuer's achievement of certain financial goals and certification by the Compensation Committee.