Filing Details

Accession Number:
0000899243-19-004233
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-20 16:17:29
Reporting Period:
2019-02-15
Accepted Time:
2019-02-20 16:17:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1348036 Avalara Inc. AVLR Services-Prepackaged Software (7372) 911995935
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1741465 Pascal Dooren Van 255 South King St., Suite 1800
Seattle WA 98104
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-02-15 27,314 $1.90 56,290 No 4 M Direct
Common Stock Acquisiton 2019-02-15 25,000 $4.50 81,290 No 4 M Direct
Common Stock Acquisiton 2019-02-15 25,000 $4.50 106,290 No 4 M Direct
Common Stock Acquisiton 2019-02-15 23,958 $12.20 130,248 No 4 M Direct
Common Stock Acquisiton 2019-02-15 32,652 $12.34 162,900 No 4 M Direct
Common Stock Acquisiton 2019-02-15 46,993 $13.84 209,893 No 4 M Direct
Common Stock Acquisiton 2019-02-15 175,000 $8.04 384,893 No 4 M Direct
Common Stock Disposition 2019-02-15 138,127 $49.29 246,766 No 4 S Direct
Common Stock Disposition 2019-02-15 217,790 $49.75 28,976 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2019-02-15 27,314 $0.00 27,314 $1.90
Common Stock Stock Option (Right to Buy) Disposition 2019-02-15 25,000 $0.00 25,000 $4.50
Common Stock Stock Option (Right to Buy) Disposition 2019-02-15 25,000 $0.00 25,000 $4.50
Common Stock Stock Option (Right to Buy) Disposition 2019-02-15 175,000 $0.00 175,000 $8.04
Common Stock Stock Option (Right to Buy) Disposition 2019-02-15 23,958 $0.00 23,958 $12.20
Common Stock Stock Option (Right to Buy) Disposition 2019-02-15 32,652 $0.00 32,652 $12.34
Common Stock Stock Option (Right to Buy) Disposition 2019-02-15 46,993 $0.00 46,993 $13.84
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-10-03 2021-12-13 No 4 M Direct
25,000 2017-01-01 2023-02-13 No 4 M Direct
0 2017-01-01 2023-02-13 No 4 M Direct
0 2018-01-01 2024-02-25 No 4 M Direct
1,042 2019-01-01 2025-01-28 No 4 M Direct
19,592 2026-06-16 No 4 M Direct
55,539 2027-02-09 No 4 M Direct
Footnotes
  1. Includes 1,463 shares purchased under the Avalara, Inc. 2018 Employee Stock Purchase Plan on January 31, 2019.
  2. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 28, 2018.
  3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.95 to $49.525, inclusive. Upon request by Avalara, Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range.
  4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.53 to $50.14, inclusive. Upon request by Avalara, Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range.
  5. The option grant was for 52,244 shares of common stock with the following vesting schedule: 25% of the shares vested on May 5, 2017, and 1/48 vest monthly thereafter, such that the option will be fully vested on May 5, 2020.
  6. The option grant was for 102,532 shares of common stock with the following vesting schedule: 25% of the shares vested on January 1, 2018, and 1/48 vest monthly thereafter, such that the option will be fully vested on January 1, 2021.