4//SEC Filing
BRUDER ANN J. 4
Accession 0001068875-22-000046
CIK 0001068875other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 6:06 PM ET
Size
14.9 KB
Accession
0001068875-22-000046
Insider Transaction Report
Form 4
BLUCORA, INC.BCOR
BRUDER ANN J.
Chief Legal Officer & Sec'y
Transactions
- Exercise/Conversion
Common Stock
2022-03-01$15.00/sh+10,543$158,145→ 127,147 total - Tax Payment
Common Stock
2022-03-01$19.64/sh−9,059$177,919→ 118,088 total - Tax Payment
Common Stock
2022-03-01$19.64/sh−8,858$173,971→ 109,230 total - Exercise/Conversion
Common Stock
2022-03-01$11.30/sh+12,710$143,623→ 116,604 total - Exercise/Conversion
Stock Option (Right to Buy)
2022-03-01−12,710→ 25,424 totalExercise: $11.30Exp: 2027-05-21→ Common Stock (12,710 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2022-03-01−10,543→ 21,090 totalExercise: $15.00Exp: 2028-01-04→ Common Stock (10,543 underlying)
Footnotes (5)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 3,651 shares of common stock on net exercise of option to purchase 12,710 shares of common stock. The reporting person forfeited 9,059 shares of common stock underlying the option in payment of the exercise price and applicable tax withholding, using the closing stock price on March 1, 2022 of $19.64.
- [F2]Represents a "net exercise" of outstanding stock options. The reporting person received 1,685 shares of common stock on net exercise of option to purchase 10,543 shares of common stock. The reporting person forfeited 8,858 shares of common stock underlying the option in payment of the exercise price and applicable tax withholding, using the closing stock price on March 1, 2022 of $19.64.
- [F3]Not included in this amount are 50,543 performance-based restricted stock units 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.
- [F4]The option vests according to the following schedule: one-third vested on May 21, 2021, an additional one-third vests on May 21, 2022, and the remaining one-third will vest on May 21, 2023, such that the option will be fully vested on May 21, 2023.
- [F5]The option vests according to the following schedule: one-third vested on January 4, 2022, an additional one-third vests on January 4, 2023, and the remaining one-third will vest on January 4, 2024, such that the option will be fully vested on January 4, 2024.
Documents
Issuer
BLUCORA, INC.
CIK 0001068875
Entity typeother
Related Parties
1- filerCIK 0001470091
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 6:06 PM ET
- Size
- 14.9 KB