SEC Form 4 · accession 0001388961-18-000016
BLUCORA, INC. · BCOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S Clendening
Officer — President and CEO · Director
Period of report
Oct 11, 2018
Accepted (ET)
Oct 15, 2018 · 4:40 pm EDT
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 | Oct 11, 2018 | M | 34,000 | $4.98 | A | 666,799 | D | |
| Common StockF2 | Oct 11, 2018 | S | 31,203 | $32.788 | D | 635,596 | D | |
| Common StockF3 | Oct 11, 2018 | S | 17,797 | $33.6559 | D | 617,799 | D | |
| Common Stock | Oct 12, 2018 | M | 12,000 | $4.98 | A | 629,799 | D | |
| Common StockF4 | Oct 12, 2018 | S | 16,500 | $33.0187 | D | 613,299 | 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)F5 | $4.98 | Oct 11, 2018 | M | 34,000 | D | — | Apr 4, 2023 | Common Stock | 34,000 | 308,166 | D |
| Stock Option (Right to Buy)F5 | $4.98 | Oct 12, 2018 | M | 12,000 | D | — | Apr 4, 2023 | Common Stock | 12,000 | 296,166 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 14, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $32.36 to $33.35. 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 price reported in Column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $33.36 to $34.17. 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.
- F4The price reported in Column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $32.46 to $33.31. 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.
- F515% 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.