| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVLR | Common Stock | Sale | -$221K | -2.14K | -0.35% | $103.29 | 615K | Feb 7, 2022 | Direct | F1, F2, F3 |
| holding | AVLR | Common Stock | 109K | Feb 7, 2022 | By McFarlane Family Investments, LLC | F4 |
| Id | Content |
|---|---|
| F1 | This prearranged sale was effected pursuant to a written authorization executed by the Reporting Person on September 10, 2019, and represents shares required to be sold to cover tax withholding obligations in connection with the vesting of restricted stock units. |
| F2 | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.28 to $103.85, 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. |
| F3 | Includes 150 shares purchased under the Avalara, Inc. 2018 Employee Stock Purchase Plan on January 31, 2022. |
| F4 | 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. |
Chairman and Chief Executive Officer