Todd C. Mackay - Jun 14, 2022 Form 4 Insider Report for BLUCORA, INC. (AVTA)

Signature
/s/ Ann J. Bruder, as Attorney-in-Fact for Todd C. Mackay
Stock symbol
AVTA
Transactions as of
Jun 14, 2022
Transactions value $
-$11,264
Form type
4
Date filed
6/16/2022, 05:00 PM
Previous filing
May 24, 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 Tax liability -$11.3K -681 -0.51% $16.54 133K Jun 14, 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 67,515 performance-based RSUs of which (i) 12,480 are eligible to vest from 0% to 200% following the end of 2022, (ii) 23,333 are eligible to vest from 0% to 200% following the end of 2023 and (iii) 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.