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Filing Details

Accession Number:: 0001388961-18-000003
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-02-22 18:04:10
Reporting Period:: 2018-02-20

Accepted Time:: 2018-02-22 18:04:10
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1068875	Blucora Inc.	BCOR	Finance Services (6199)	911718107

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1388961	S John Clendening	6333 N State Highway 161, Ste 600 Irving TX 75038	President And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2018-02-20	87,500	$0.00	674,348	No	4	A	Direct
Common Stock	Acquisiton	2018-02-21	42,600	$4.98	716,948	No	4	M	Direct
Common Stock	Disposition	2018-02-21	42,600	$24.23	674,348	No	4	S	Direct
Common Stock	Acquisiton	2018-02-22	35,150	$4.98	709,498	No	4	M	Direct
Common Stock	Disposition	2018-02-22	35,150	$24.46	674,348	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Acquisiton	2018-02-20	140,000	$0.00	140,000	$24.00
Common Stock	Stock Option (Right to Buy)	Disposition	2018-02-21	42,600	$0.00	42,600	$4.98
Common Stock	Stock Option (Right to Buy)	Disposition	2018-02-22	35,150	$0.00	35,150	$4.98

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
140,000	2025-02-20	No	4	A	Direct
669,900	2023-04-04	No	4	M	Direct
634,750	2023-04-04	No	4	M	Direct

Footnotes

Reflects a restricted stock unit grant ("RSUs") that was made to the reporting person on February 20, 2018 and that will vest equally over a three-year period on each anniversary of the grant date.
Not included in this amount are 43,750 performance-based restricted stock units, of which from 0% to 200% are eligible to vest on January 1, 2021 subject to the Issuer's achievement of certain financial goals over a three-year period and certification by the Compensation Committee.
The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 9, 2017.
These shares sold at a price ranging from $23.85 to $24.55 per share. Upon request by the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide the full information regarding the number of shares sold at each separate price.
These shares sold at a price ranging from $24.30 to $24.60 per share. Upon request by the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide the full information regarding the number of shares sold at each separate price.
The option vests according to the following schedule: one-third vests on February 20, 2019, an additional one-third vest on February 20, 2020, and the remaining one-third will vest on February 20, 2021, such that the option will be fully vested on February 20, 2021.
15% of the total option vested on April 4, 2016. The remainder vested 33.33% on April 4, 2017, and approximately 16.67% vests at the end of each six-month period thereafter, such that the option will be fully vested on April 4, 2019.