4//SEC Filing
McFarlane Scott M 4
Accession 0001209191-22-053500
CIK 0001348036other
Filed
Oct 11, 8:00 PM ET
Accepted
Oct 12, 6:09 PM ET
Size
12.1 KB
Accession
0001209191-22-053500
Insider Transaction Report
Form 4
AVALARA, INC.AVLR
McFarlane Scott M
DirectorSee Remarks
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2022-10-10−20,000→ 5,000 totalExercise: $16.60Exp: 2028-01-23→ Common Stock (20,000 underlying) - Gift
Common Stock
2022-10-06−43,000→ 540,644 total - Exercise/Conversion
Common Stock
2022-10-10$16.60/sh+20,000$332,000→ 560,644 total - Sale
Common Stock
2022-10-10$92.54/sh−20,000$1,850,800→ 540,644 total
Holdings
- 109,375(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]The reported disposition represents a bona fide gift made by the Reporting Person.
- [F2]The sale was effected pursuant to a Rule 10b5-1 trading plan originally adopted by the Reporting Person on December 9, 2021, and amended on March 14, 2022.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.45 to $92.65, inclusive. Upon request by the Issuer, any security holder thereof, or the staff of the Securities and Exchange Commission, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range.
- [F4]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.
- [F5]25% of the total shares subject to the option vested and became exercisable on January 1, 2019, and 1/48th of the total shares subject to the option vested and became exercisable monthly thereafter such that the option was fully vested and exercisable on January 1, 2022.
Documents
Issuer
AVALARA, INC.
CIK 0001348036
Entity typeother
Related Parties
1- filerCIK 0001741458
Filing Metadata
- Form type
- 4
- Filed
- Oct 11, 8:00 PM ET
- Accepted
- Oct 12, 6:09 PM ET
- Size
- 12.1 KB