SEC Form 4 · accession 0001068875-15-000010
BLUCORA, INC. · BCOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Michael Emans
Officer — Chief Financial Officer
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 4:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001068875
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 2, 2015 | F | 1,011 | $13.51 | D | 59,177 | D | |
| Common Stock | Jan 2, 2015 | F | 435 | $13.51 | D | 58,742 | D | |
| Common Stock | Jan 5, 2015 | M | 15,000 | $10.19 | A | 73,742 | D | |
| Common StockF2 | Jan 5, 2015 | S | 15,000 | $13.42 | D | 58,742 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $10.19 | Jan 5, 2015 | M | 15,000 | D | — | Feb 28, 2015 | Common Stock | 15,000 | 32,000 | D |
Explanation of responses
- F1The sale was effected pursuant to a 10b5-1 trading plan initially adopted by the reporting person on May 19, 2014. Unless earlier exercised, the options exercised in this sale expire on February 28, 2015.
- F2These shares sold at a price ranging from $13.23 to $13.57 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.
- F3The original option grant was for 75,000 shares of common stock with the following vesting schedule: 33.33% of the shares vested on January 2, 2009 and an additional 16.67% vested each six (6) months thereafter, such that the options became fully vested on January 2, 2011.