Blucora Announces Employee Inducement Equity Grant
Blucora, Inc. (BCOR)
Last blucora, inc. earnings: 2/19 06:30 am
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
IRVING, Texas, April 28, 2020 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ: BCOR) (“Blucora” or “the Company”), a leading provider of tax-smart financial solutions that empowers people to achieve their financial goals, today announced that on April 27, 2020, in connection with Marc Mehlman joining the Company as its Chief Financial Officer, Mr. Mehlman was awarded 25,000 restricted stock units and a non-qualified stock option representing the right to purchase 70,000 shares at an exercise price of $14.00 per share under the Blucora, Inc. 2016 Inducement Plan, as amended. Both the restricted stock units and the shares underlying the non-qualified stock option will vest in three equal annual installments beginning on the first anniversary of the of the date of grant. The awards were approved by the Compensation Committee of the Board of Directors of the Company and were granted as an inducement to Mr. Mehlman entering into employment with the Company in accordance with NASDAQ Listing Rul
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