4//SEC Filing
Reller Tami 4
Accession 0001209191-22-054094
CIK 0001348036other
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 5:23 PM ET
Size
8.3 KB
Accession
0001209191-22-054094
Insider Transaction Report
Form 4
AVALARA, INC.AVLR
Reller Tami
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2022-10-19$20.83/sh−2,459$51,221→ 0 totalExercise: $72.67From: 2020-06-10Exp: 2029-06-19→ Common Stock (2,459 underlying) - Disposition to Issuer
Common Stock
2022-10-19$93.50/sh−71,162$6,653,647→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), 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]Pursuant to the Merger Agreement, immediately prior to the effective time of the merger, the option was cancelled and converted into the right to receive, without interest, the cash merger consideration of $93.50 for each share subject to the option (whether vested or unvested), less the per share exercise price. Options held by the Reporting Person with exercise prices greater than $93.50 per share were cancelled without the payment of any consideration therefor. The disposition of such options is not reported.
Documents
Issuer
AVALARA, INC.
CIK 0001348036
Entity typeother
Related Parties
1- filerCIK 0001582737
Filing Metadata
- Form type
- 4
- Filed
- Oct 18, 8:00 PM ET
- Accepted
- Oct 19, 5:23 PM ET
- Size
- 8.3 KB