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Filing Details

Accession Number:: 0001209191-21-040702
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-06-15 18:02:28
Reporting Period:: 2021-06-14

Accepted Time:: 2021-06-15 18:02:28
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
1235461	Lee Alesia Pinney	255 South King St. Suite 1800 Seattle WA 98104	See Remarks	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2021-06-14	4,742	$13.84	44,334	No	4	M	Direct
Common Stock	Acquisiton	2021-06-14	1,863	$16.60	46,197	No	4	M	Direct
Common Stock	Acquisiton	2021-06-14	926	$39.76	47,123	No	4	M	Direct
Common Stock	Acquisiton	2021-06-14	485	$67.27	47,608	No	4	M	Direct
Common Stock	Disposition	2021-06-14	3,274	$140.00	44,334	No	4	S	Direct
Common Stock	Disposition	2021-06-14	4,742	$141.04	39,592	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2021-06-14	4,742	$0.00	4,742	$13.84
Common Stock	Stock Option (right to buy)	Disposition	2021-06-14	1,863	$0.00	1,863	$16.60
Common Stock	Stock Option (right to buy)	Disposition	2021-06-14	926	$0.00	926	$39.76
Common Stock	Stock Option (right to buy)	Disposition	2021-06-14	485	$0.00	485	$67.27

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2027-02-09	No	4	M	Direct
10,249	2028-01-23	No	4	M	Direct
10,649	2029-01-28	No	4	M	Direct
7,999	2030-03-12	No	4	M	Direct

Footnotes

The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 11, 2020.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.971 to $141.05, inclusive. Upon request by the Issuer, 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.
25% of the total shares subject to the option vested and became exercisable on January 1, 2018, and 1/48th of the total shares subject to the option vested and became exercisable monthly thereafter such that the option was fully vested and exercisable on January 1, 2021.
25% of the total shares subject to the option vested and became exercisable on January 1, 2019, and 1/48th of the total shares subject to the option vest and become exercisable monthly thereafter such that the option is fully vested and exercisable on January 1, 2022.
25% of the total shares subject to the option vested and became exercisable on January 1, 2020, and 1/48th of the total shares subject to the option vest and become exercisable monthly thereafter such that the option is fully vested and exercisable on January 1, 2023.
25% of the total shares subject to the option vested and became exercisable on March 5, 2021, and 1/48th of the total shares subject to the option vest and become exercisable monthly thereafter such that the option is fully vested and exercisable on March 5, 2024.