Scott M. McFarlane - Mar 14, 2022 Form 4 Insider Report for AVALARA, INC. (AVLR)

Signature
/s/ Miles Treakle, Attorney-in-Fact
Stock symbol
AVLR
Transactions as of
Mar 14, 2022
Transactions value $
-$398,544
Form type
4
Date filed
3/16/2022, 06:35 PM
Previous filing
Mar 11, 2022
Next filing
Apr 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVLR Common Stock Award $0 +13.3K +2.3% $0.00 591K Mar 14, 2022 Direct
transaction AVLR Common Stock Sale -$399K -5.26K -0.89% $75.74 586K Mar 15, 2022 Direct F1
holding AVLR Common Stock 109K Mar 14, 2022 By McFarlane Family Investments, LLC F2
* 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 performance share units and restricted stock units.
F2 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