Ann Bruder - May 21, 2022 Form 4 Insider Report for BLUCORA, INC. (AVTA)

Signature
/s/ Ann J. Bruder
Stock symbol
AVTA
Transactions as of
May 21, 2022
Transactions value $
-$29,344
Form type
4
Date filed
5/24/2022, 04:59 PM
Previous filing
Mar 3, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVTA Common Stock Gift $0 -3.01K -2.75% $0.00 106K Jan 3, 2022 Direct
transaction AVTA Common Stock Tax liability -$29.3K -1.79K -1.68% $16.43 104K 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 RSU award and were not within the control of the reporting person.
F2 Not included in this amount are 50,543 performance-based RSUs of which (i) 10,122 are eligible to vest from 0% to 200% following the end of 2022, (ii) 17,033 are eligible to vest from 0% to 200% following the end of 2023 and (iii) 23,388 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.