SEC Form 4 · accession 0001688156-18-000003
BLUCORA, INC. · BCOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mathieu Frederic Stevenson
Officer — Chief Marketing Officer
Period of report
Oct 24, 2018
Accepted (ET)
Oct 26, 2018 · 4:52 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 StockF1 | Oct 24, 2018 | F | 1,826 | $31.21 | D | 39,020 | D | |
| Common Stock | Oct 25, 2018 | M | 16,786 | $11.85 | A | 55,806 | D | |
| Common StockF3 | Oct 25, 2018 | S | 20,158 | $31.3813 | D | 35,648 | 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)F4 | $11.85 | Oct 25, 2018 | M | 16,786 | D | — | Oct 24, 2023 | Common Stock | 16,786 | 134,290 | D |
Explanation of responses
- F1This transaction represents the withholding by the Issuer of shares to pay taxes in connection with the vesting of restricted stock units. The timing and amount of the transaction were determined by the terms of the applicable restricted stock unit award and were not within the control of the Reporting Person.
- F2The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2017.
- F3The price reported in Column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $30.95 to $31.65. 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 option vests according to the following schedule: 33.33% vested on October 24, 2017, and approximately 16.67% will vest at the end of each six-month period thereafter, such that the option will be fully vested on October 24, 2019.