EMANS ERIC MICHAEL 4
4 · BLUCORA, INC. · Filed Jul 28, 2017
Insider Transaction Report
Form 4
BLUCORA, INC.BCOR
EMANS ERIC MICHAEL
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2017-07-27$12.97/sh+27,469$356,273→ 172,377 total - Exercise/Conversion
Stock Option (Right to Buy)
2017-07-27−27,469→ 27,446 totalExercise: $12.97Exp: 2022-01-14→ Common Stock (27,469 underlying) - Exercise/Conversion
Common Stock
2017-07-27$9.81/sh+48,604$476,805→ 144,908 total - Tax Payment
Common Stock
2017-07-27$23.75/sh−52,276$1,241,555→ 120,101 total - Exercise/Conversion
Stock Option (Right to Buy)
2017-07-27−48,604→ 143,602 totalExercise: $9.81Exp: 2023-01-04→ Common Stock (48,604 underlying)
Footnotes (3)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 23,797 shares of common stock in connection with the net exercise of options to purchase 76,073 shares of common stock. The reporting person forfeited 52,276 shares of common stock underlying the option in payment of the exercise price and applicable tax withholding, using the closing stock price on July 27, 2017 of $23.75.
- [F2]The option vests according to the following schedule: 33.33% vested on January 2, 2017, and approximately 16.67% vests at the end of each six-month period thereafter, such that the option will be fully vested on January 2, 2019.
- [F3]The option vests according to the following schedule: 33.33% vested on January 2, 2016, and approximately 16.67% vests at the end of each six-month period thereafter, such that the option will be fully vested on January 2, 2018.