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

Role
Chairman and Chief Executive Officer, Director
Signature
/s/ Miles Treakle, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
14 Mar 2022
Net transactions value
-$398,544
Form type
4
Filing time
16 Mar 2022, 18:35:14 UTC
Previous filing
11 Mar 2022
Next filing
15 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVLR Common Stock Award $0 +13,299 +2.3% $0.000000 591,366 14 Mar 2022 Direct
transaction AVLR Common Stock Sale $398,544 -5,262 -0.89% $75.74 586,104 15 Mar 2022 Direct F1
holding AVLR Common Stock 109,375 14 Mar 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