Martin Marcela K. - 19 Oct 2022 Form 4 Insider Report for AVALARA, INC.

Role
Director
Signature
/s/ Miles Treakle, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
19 Oct 2022
Net transactions value
-$286,390
Form type
4
Filing time
19 Oct 2022, 17:18:43 UTC
Previous filing
13 Sep 2022
Next filing
23 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVLR Common Stock Disposed to Issuer $286,390 -3,063 -100% $93.50 0 19 Oct 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Martin Marcela K. 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.