Filing Details

Accession Number:
0001209191-22-049763
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-09-13 18:03:19
Reporting Period:
2022-09-12
Accepted Time:
2022-09-13 18:03:19
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-09-12 20,000 $16.60 603,644 No 4 M Direct
Common Stock Disposition 2022-09-12 20,000 $92.27 583,644 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 2022-09-12 20,000 $0.00 20,000 $16.60
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
25,000 2028-01-23 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
Footnotes
  1. The sale was effected pursuant to a Rule 10b5-1 trading plan originally adopted by the Reporting Person on December 9, 2021, and amended on March 14, 2022.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.00 to $92.481, 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.
  3. The Reporting Person disclaims beneficial ownership of the shares of Common Stock 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.
  4. 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 was fully vested and exercisable on January 1, 2022.