SADRIAN JUSTIN 4
4 · AVALARA, INC. · Filed Nov 13, 2019
Insider Transaction Report
Form 4
AVALARA, INC.AVLR
SADRIAN JUSTIN
Director10% Owner
Transactions
- Sale
Common Stock
2019-11-12$69.33/sh−5,900$409,062→ 22,286 total - Sale
Common Stock
2019-11-12$70.11/sh−14,634$1,026,047→ 7,652 total - Sale
Common Stock
2019-11-11$69.10/sh−19,466$1,345,110→ 28,186 total
Holdings
- 0(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $69.05 to $69.27, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (3) and (4) to this Form 4
- [F2]On May 23, 2019, the reporting person filed a Form 4 which inadvertently reported that the reporting person received a pro rata distribution from Warburg Pincus Private Equity XI, L.P. and Warburg Pincus XI Partners, L.P. in his capacity as a limited partner of such funds. Instead, the reporting person is deemed to have an indirect interest in the funds through, and received the distribution with respect to, his economic interest in the ultimate general partner of the funds, Warburg Pincus & Co.
- [F3]The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $68.85 to $69.84, inclusive.
- [F4]The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $69.86 to $70.35, inclusive.
- [F5]920 shares were removed from the reporting person's beneficial ownership. The shares were previously reported as being held indirectly by the reporting person as trustee of the Lee Kellogg Sadrian 2011 GST Trust dated November 18, 2011. The removal is because the reporting person was inadvertently reported as the trustee of such trust.