SEC Form 4 · accession 0000899243-19-005233
AVALARA, INC. · AVLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott M McFarlane
Officer — See Remarks · Director
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 4:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001348036
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 26, 2019 | M | 15,000 | $1.50 | A | 714,418 | D | |
| Common StockF1 | Feb 26, 2019 | S | 15,000 | $51.72 | D | 699,418 | D | |
| Common StockF2 | holding | — | — | — | 9,375 | I | By MVPROJECTS, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $1.50 | Feb 26, 2019 | M | 15,000 | D | Mar 28, 2015 | Mar 28, 2021 | Common Stock | 15,000 | 72,500 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.50 to $51.815, inclusive. Upon request by Avalara, Inc., 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.
- F2The Reporting Person is a member of MVPROJECTS, LLC.
Remarks
Chairman, Chief Executive Officer and President