Filing Details

Accession Number:
0001209191-20-016786
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-05 19:32:07
Reporting Period:
2020-03-04
Accepted Time:
2020-03-05 19:32:07
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
1741456 E. Daniel Manning 255 South King St.
Suite 1800
Seattle WA 98104
Chief Accounting Officer 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 2020-03-04 6,248 $13.76 13,249 No 4 M Direct
Common Stock Acquisiton 2020-03-04 6,701 $16.60 19,950 No 4 M Direct
Common Stock Disposition 2020-03-04 9,985 $83.29 9,965 No 4 S Direct
Common Stock Disposition 2020-03-04 2,964 $84.09 7,001 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2020-03-04 6,248 $0.00 6,248 $13.76
Common Stock Stock Option (right to buy) Disposition 2020-03-04 6,701 $0.00 6,701 $16.60
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,692 2026-12-13 No 4 M Direct
12,285 2028-01-23 No 4 M Direct
Footnotes
  1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.95 to $83.88 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 (1) and (2) to this Form 4.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.01 to $84.15, inclusive.
  3. The option vested and became exercisable as to 25% of the total shares on November 30, 2017, and 1/48th of the total shares vest and become exercisable monthly thereafter such that the option is fully vested and exercisable on November 30, 2020.
  4. The option vested and became exercisable as to 25% of the total shares on January 1, 2019, and 1/48th of the total shares vest and become exercisable monthly thereafter such that the option is fully vested and exercisable on January 1, 2022.