Marc Mehlman - Jan 3, 2022 Form 4 Insider Report for BLUCORA, INC. (AVTA)

Role
Chief Financial Officer
Signature
/s/ Ann J. Bruder, as Attorney-in-Fact for Marc Mehlman
Stock symbol
AVTA
Transactions as of
Jan 3, 2022
Transactions value $
-$32,823
Form type
4
Date filed
1/5/2022, 03:39 PM
Previous filing
Dec 17, 2021
Next filing
Apr 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVTA Common Stock Award $0 +28.3K +54.77% $0.00 79.9K Jan 3, 2022 Direct F1
transaction AVTA Common Stock Tax liability -$32.8K -1.84K -2.31% $17.80 78.1K Jan 4, 2022 Direct F2, F3
holding AVTA Common Stock 2.03K Jan 3, 2022 Spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a grant of restricted stock units ("RSUs") that 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.
F2 This transaction represents the withholding by the Issuer of shares to pay taxes in connection with the vesting of restricted stock units. 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.
F3 Not included in this amount are 44,613 performance-based RSUs, of which 16,333 are eligible to vest from 0% to 200% following the end of 2023 and 28,280 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 over a three-year period and certification by the Compensation Committee.
F4 Represents shares held by the spouse of the reporting person