Ann Bruder - Jan 3, 2023 Form 4 Insider Report for BLUCORA, INC. (AVTA)

Role: Chief Legal Officer & Sec'y
Signature: /s/ Ann J. Bruder
Stock symbol: AVTA
Transactions as of: Jan 3, 2023
Transactions value $: -$162,988
Form type: 4
Date filed: 1/5/2023, 06:25 PM
Previous filing: May 24, 2022
Next filing: Jan 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVTA	Common Stock	Tax liability	-$72K	-2.84K	-2.72%	$25.34	102K	Jan 3, 2023	Direct	F1
transaction	AVTA	Common Stock	Tax liability	-$90.9K	-3.54K	-3.48%	$25.72	98.1K	Jan 4, 2023	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 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.

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 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.