Todd C. Mackay - Jan 9, 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 9, 2022
Transactions value $: -$23,327
Form type: 4
Date filed: 1/11/2022, 04:01 PM
Previous filing: Jan 4, 2022
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVTA	Common Stock	Tax liability	-$23.3K	-1.37K	-1.1%	$16.99	123K	Jan 9, 2022	Direct	F1, F2

* 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	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.

Content

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.

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.