Filing Details

Accession Number:
0001068875-19-000093
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-10-09 17:04:24
Reporting Period:
2019-10-07
Accepted Time:
2019-10-09 17:04:24
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, 6Th Floor
Irving TX 75038
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-10-07 37,500 $4.98 704,467 No 4 M Direct
Common Stock Disposition 2019-10-07 54,250 $21.20 650,217 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2019-10-07 37,500 $0.00 37,500 $4.98
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,999 2023-04-04 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 16, 2018.
  2. The price reported in Column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $21.04 to $21.41. 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.
  3. Not included in this amount are 119,132 performance-based restricted stock units of which (i) 12,906 are eligible to vest following May 6, 2020, (ii) 43,750 are eligible to vest from 0% to 200% following the end of 2020 and (iii) 62,476 are eligible to vest from 0% to 200% following the end of 2021. Vesting for each award is subject to the issuers achievement of certain financial goals and certification by the Compensation Committee.
  4. 15% of the total option vested on April 4, 2016. The remainder vested 33.33% on April 4, 2017 and approximately 16.67% vested at the end of each six month period thereafter, such that the option was fully vested on April 4, 2019.