Todd C. Mackay - Jan 2, 2022 Form 4 Insider Report for BLUCORA, INC. (AVTA)

Role
President of Wealth Mgmt
Signature
/s/ Ann J. Bruder, as Attorney-in-Fact for Todd C. Mackay
Stock symbol
AVTA
Transactions as of
Jan 2, 2022
Transactions value $
-$61,027
Form type
4
Date filed
1/4/2022, 08:22 PM
Previous filing
Jul 9, 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 -$9.32K -538 -0.56% $17.32 95.5K Jan 2, 2022 Direct F1
transaction AVTA Common Stock Award $0 +31.7K +33.2% $0.00 127K Jan 3, 2022 Direct F2
transaction AVTA Common Stock Tax liability -$51.7K -2.91K -2.28% $17.80 124K 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 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.
F3 Not included in this amount are 71,593 performance-based RSUs of which (i) 4,078 are eligible to vest from 0% to 200% following the end of 2021, (ii) 12,480 are eligible to vest from 0% to 200% following the end of 2022, (iii) 23,333 are eligible to vest from 0% to 200% following the end of 2023 and (iv) 31,702 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.