Scott M. McFarlane - Mar 7, 2022 Form 4 Insider Report for AVALARA, INC. (AVLR)

Signature
/s/ Miles Treakle, Attorney-in-Fact
Stock symbol
AVLR
Transactions as of
Mar 7, 2022
Transactions value $
-$1,490,219
Form type
4
Date filed
3/9/2022, 04:52 PM
Previous filing
Mar 3, 2022
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVLR Common Stock Sale -$593K -6.35K -1.05% $93.34 598K Mar 7, 2022 Direct F1
transaction AVLR Common Stock Sale -$6.99K -74 -0.01% $94.40 598K Mar 7, 2022 Direct F1
transaction AVLR Common Stock Sale -$148K -1.7K -0.28% $87.32 596K Mar 8, 2022 Direct F2
transaction AVLR Common Stock Sale -$217K -2.45K -0.41% $88.54 594K Mar 8, 2022 Direct F3
transaction AVLR Common Stock Sale -$353K -3.95K -0.67% $89.40 590K Mar 8, 2022 Direct F4
transaction AVLR Common Stock Sale -$172K -1.9K -0.32% $90.49 588K Mar 8, 2022 Direct F5
holding AVLR Common Stock 109K Mar 7, 2022 By McFarlane Family Investments, LLC F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This prearranged sale was effected pursuant to a written authorization executed by the Reporting Person on February 18, 2022, 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 $86.89 to $87.80, 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 (5) to this Form 4.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.90 to $88.89, inclusive.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.90 to $89.89, inclusive.
F5 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.08 to $90.95, inclusive.
F6 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.

Remarks:

Chairman and Chief Executive Officer