Edward A. Gilhuly - Oct 19, 2022 Form 4 Insider Report for AVALARA, INC. (AVLR)

Role: Director
Signature: /s/ Miles Treakle, Attorney-in-Fact
Stock symbol: AVLR
Transactions as of: Oct 19, 2022
Transactions value $: -$20,999,820
Form type: 4
Date filed: 10/19/2022, 05:09 PM
Previous filing: Jun 7, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVLR	Common Stock	Disposed to Issuer	-$430K	-4.6K	-100%	$93.50	0	Oct 19, 2022	Direct	F1
transaction	AVLR	Common Stock	Disposed to Issuer	-$20.6M	-220K	-100%	$93.50	0	Oct 19, 2022	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Edward A. Gilhuly is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of pursuant to the Agreement and Plan of Merger, dated as of August 8, 2022, by and among the Issuer, Lava Intermediate, Inc. and Lava Merger Sub, Inc., pursuant to which the outstanding shares of the Issuer's Common Stock (other than certain excluded shares) were converted into the right to receive, without interest, the cash merger consideration of $93.50 per share. Amount includes 2,254 restricted stock units held by the Reporting Person whose acquisition was previously reported in Table I that became fully vested immediately prior to the effective time of the merger and thereafter were cancelled and converted into the right to receive, without interest, $93.50 per share.
F2	Reflects shares previously held by trusts for the benefit of members of the Reporting Person's family.

Content

Disposed of pursuant to the Agreement and Plan of Merger, dated as of August 8, 2022, by and among the Issuer, Lava Intermediate, Inc. and Lava Merger Sub, Inc., pursuant to which the outstanding shares of the Issuer's Common Stock (other than certain excluded shares) were converted into the right to receive, without interest, the cash merger consideration of $93.50 per share. Amount includes 2,254 restricted stock units held by the Reporting Person whose acquisition was previously reported in Table I that became fully vested immediately prior to the effective time of the merger and thereafter were cancelled and converted into the right to receive, without interest, $93.50 per share.

Reflects shares previously held by trusts for the benefit of members of the Reporting Person's family.