FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *
INGRAM WILLIAM
2. Issuer Name and Ticker or Trading Symbol
AVALARA, INC. [AVLR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

255 SOUTH KING ST., SUITE 1800
3. Date of Earliest Transaction (Month/Day/Year)
12/07/2020
(Street)

SEATTLE, WA 98104
(City)
(State)
(Zip)
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing
(Check applicable line)

__X__ Form Filed by One Reporting Person
_____ Form Filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)

2. Transaction Date (Month/Day/Year)

2A. Deemed Execution Date, if any (Month/Day/Year)

3. Transaction Code (Instr. 8)

4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)

6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)

7. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

Amount

(A) or (D)

Price

Common Stock

12/07/2020 M 25,000A $12.626,731D 

Common Stock

12/07/2020 S (1)  9,268D $165.83 (2) 17,463D 

Common Stock

12/07/2020 S (1)  5,888D $166.77 (3) 11,575D 

Common Stock

12/07/2020 S (1)  8,459D $167.57 (4) 3,116D 

Common Stock

12/07/2020 S (1)  1,385D $168.65 (5) 1,731D 


Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Option (right to buy)

$12.612/07/2020 M  25,000  (6) 01/25/2026

Common Stock

25,000 $ 0 0 D 

Explanation of Responses:

The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2020.

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.25 to $166.24, 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 ranges set forth in footnotes (2) through (5) to this Form 4.

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.25 to $167.20, inclusive.

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.26 to $168.045, inclusive.

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.44 to $168.865, inclusive.

25% of the total shares subject to the option vested and became exercisable on December 14, 2016, 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 December 14, 2019.



Signatures

/s/ Miles Treakle, Attorney-in-Fact

12/09/2020
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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