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Filing Details

Accession Number:: 0001209191-22-016462
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-03-04 18:41:42
Reporting Period:: 2022-02-28

Accepted Time:: 2022-03-04 18:41:42
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
1741458	M Scott Mcfarlane	255 South King St. Suite 1800 Seattle WA 98104	See Remarks	Yes	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	Disposition	2022-02-28	602	$0.00	614,492	No	5	G	Direct
Common Stock	Acquisiton	2022-03-03	5,000	$39.76	614,492	No	4	M	Direct
Common Stock	Disposition	2022-03-03	5,000	$98.03	609,492	No	4	S	Direct
Common Stock	Disposition	2022-03-03	2,500	$99.31	606,992	No	4	S	Direct
Common Stock	Disposition	2022-03-03	1,800	$100.18	605,192	No	4	S	Direct
Common Stock	Disposition	2022-03-03	500	$101.22	604,692	No	4	S	Direct
Common Stock	Disposition	2022-03-03	200	$102.01	604,492	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	5	G	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	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	2022-03-03	5,000	$0.00	5,000	$39.76

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
231,703		2029-01-28	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	109,375	Indirect	By McFarlane Family Investments, LLC

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (right to buy)	$39.76		2029-01-28	150,000	150,000	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2029-01-28	150,000	150,000	Indirect

Footnotes

The reported disposition represents a bona fide gift made by the Reporting Person.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.00 to $98.11, 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 ranges set forth in footnotes (2) through (6) to this Form 4.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.73 to $99.64, inclusive.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.755 to $100.705, inclusive.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.91 to $101.76, inclusive.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.00 to $102.01, inclusive.
The Reporting Person disclaims beneficial ownership of the shares of Common Stock and stock option held by McFarlane Family Investments, LLC, of which the Reporting Person is the sole manager and a member, except to the extent of his pecuniary interest therein, if any.
25% of the total shares originally subject to the option vested and became exercisable on January 1, 2020, and 1/48th of the total shares originally subject to the option vest and become exercisable monthly thereafter such that the option is fully vested and exercisable on January 1, 2023.