Filing Details

Accession Number:
0001209191-19-056609
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-11-14 17:25:33
Reporting Period:
2019-11-13
Accepted Time:
2019-11-14 17:25:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1348036 Avalara Inc. AVLR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1269473 William Ingram 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 2019-11-13 25,000 $12.60 25,979 No 4 M Direct
Common Stock Disposition 2019-11-13 20,707 $70.85 5,272 No 4 S Direct
Common Stock Disposition 2019-11-13 4,293 $71.48 979 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2019-11-13 25,000 $0.00 25,000 $12.60
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
340,000 2026-01-25 No 4 M Direct
Footnotes
  1. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 20, 2018.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.25 to $71.245, 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 ranges set forth in footnotes (2) and (3) to this Form 4.
  3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.25 to $71.81, inclusive.
  4. The option grant was for 540,000 shares of common stock with the following vesting schedule: 25% of the shares vested on December 14, 2016, and 1/48 vest monthly thereafter, such that the option will be fully vested on December 14, 2019.