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

Role: Principal Accounting Officer
Signature: /s/ Ann J. Bruder, as Attorney-in-Fact for Stacy Murray
Stock symbol: AVTA
Transactions as of: Jan 3, 2023
Transactions value $: -$64,743
Form type: 4
Date filed: 1/5/2023, 07:30 PM
Previous filing: Jun 28, 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	Options Exercise		+1.95K	+15.52%		14.5K	Jan 3, 2023	Direct	F1
transaction	AVTA	Common Stock	Disposed to Issuer	-$49.3K	-1.95K	-13.43%	$25.34	12.5K	Jan 3, 2023	Direct	F1
transaction	AVTA	Common Stock	Tax liability	-$15.4K	-599	-4.77%	$25.72	11.9K	Jan 4, 2023	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AVTA	Cash-Settled Restricted Stock Unit	Options Exercise		-1.95K	-33.34%		3.89K	Jan 3, 2023	Common Stock	1.95K		Direct	F1, F3
transaction	AVTA	Cash-Settled Restricted Stock Unit	Award	$0	+4.07K		$0.00	4.07K	Jan 3, 2023	Common Stock	4.07K		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each cash-settled restricted stock unit ("Cash-Settled RSUs") is the economic equivalent of one share of the Issuer's common stock. The transaction represents the vesting and settlement of one-third of the Cash Settled RSUs as determined by the terms of the applicable Cash Settled RSU agreement.
F2	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.
F3	01/03/2023.
F4	Each Cash-Settled RSU is the economic equivalent of one share of the Issuer's common stock.
F5	Reflects a grant of Cash-Settled RSUs that was made to the reporting person on January 3, 2023 and that will vest and be cash settled equally over a three-year period on each anniversary date of the grant date.