Christopher W. Walters - May 21, 2022 Form 4 Insider Report for BLUCORA, INC. (AVTA)

Signature
/s/ Ann J. Bruder, as Attorney-in-Fact for Christopher W. Walters
Stock symbol
AVTA
Transactions as of
May 21, 2022
Transactions value $
-$80,392
Form type
4
Date filed
5/24/2022, 04:55 PM
Previous filing
Feb 1, 2022
Next filing
Jun 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVTA Common Stock Tax liability -$80.4K -4.89K -1.46% $16.43 330K May 21, 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 361,263 performance-based RSUa of which (i) 74,914 are eligible to vest from 0% to 200% following the end of 2022, (ii) 116,666 are eligible to vest from 0% to 200% following the end of 2023 and (iii) 169,683 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.