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

Signature
/s/ Ann J. Bruder, as Attorney-in-Fact for Marc Mehlman
Stock symbol
AVTA
Transactions as of
Jan 3, 2023
Transactions value $
-$105,230
Form type
4
Date filed
1/5/2023, 06:29 PM
Previous filing
Apr 28, 2022
Next filing
May 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVTA Common Stock Award $0 +19.7K +25.95% $0.00 95.8K Jan 3, 2023 Direct F1
transaction AVTA Common Stock Tax liability -$66.3K -2.62K -2.73% $25.34 93.2K Jan 3, 2023 Direct F2
transaction AVTA Common Stock Tax liability -$38.9K -1.51K -1.63% $25.72 91.6K Jan 4, 2023 Direct F2, F3
holding AVTA Common Stock 2.03K Jan 3, 2023 Spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a grant of restricted stock units ("RSUs") that was made to the reporting person on January 3, 2023 and that will vest equally over a three-year period on each anniversary of the grant date.
F2 This transaction represents the withholding by the Issuer of shares to pay taxes in connection with the vesting of 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.
F3 Not included in this amount are 64,344 performance-based RSUs, of which (i) 16,333 are eligible to vest from 0% to 200% following the end of 2023, (ii) 28,280 are eligible to vest from 0% to 200% following the end of 2024 and (iii) 19,731 are eligible to vest from 0% to 200% following the end of 2025. Vesting for each award is subject to the Issuer's achievement of certain financial goals over a three-year period and certification by the Compensation Committee.
F4 Represents shares held by the spouse of the reporting person.