X0306 4 2018-01-24 0 0001348036 AVALARA INC AVLR 0001210469 SADRIAN JUSTIN C/O WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 10017 1 0 1 0 Common Stock 2018-06-11 4 M 0 10000 12.20 A 10000 D Common Stock 2018-06-11 4 M 0 10000 12.60 A 20000 D Common Stock 2018-06-11 4 M 0 10000 13.84 A 30000 D Common Stock 2018-06-11 4 M 0 10000 16.60 A 40000 D Common Stock 2018-06-19 4 C 0 39335 A 1320483 I By WPXI Finance, LP Common Stock 2018-06-19 4 C 0 2070 A 69489 I By Warburg Pincus XI Partners, L.P. Common Stock 2018-06-19 4 C 0 22814 A 1343297 I By WPXI Finance, LP Common Stock 2018-06-19 4 C 0 1200 A 70689 I By Warburg Pincus XI Partners, L.P. Common Stock 2018-06-19 4 C 0 44005 A 1387302 I By WPXI Finance, LP Common Stock 2018-06-19 4 C 0 2316 A 73005 I By Warburg Pincus XI Partners, L.P. Common Stock 2018-06-19 4 C 0 8643195 A 10030497 I By WPXI Finance, LP Common Stock 2018-06-19 4 C 0 454904 A 527909 I By Warburg Pincus XI Partners, L.P. Common Stock 2018-06-19 4 C 0 3231505 A 13262002 I By WPXI Finance, LP Common Stock 2018-06-19 4 C 0 170078 A 697987 I By Warburg Pincus XI Partners, L.P. Warrant (right to buy) 16.60 2018-01-24 4 A 0 10000 0.00 A Common Stock 10000 10000 D Warrant (right to buy) 12.20 2018-06-11 4 M 0 10000 0.00 D Common Stock 10000 0 D Warrant (right to buy) 12.60 2018-06-11 4 M 0 10000 0.00 D Common Stock 10000 0 D Warrant (right to buy) 13.84 2018-06-11 4 M 0 10000 0.00 D Common Stock 10000 0 D Warrant (right to buy) 16.60 2018-06-11 4 M 0 10000 0.00 D Common Stock 10000 0 D Series A-1 Preferred Stock 2018-06-19 4 C 0 78670 0.00 D Common Stock 39335 0 I By WPXI Finance, LP Series A-1 Preferred Stock 2018-06-19 4 C 0 4140 0.00 D Common Stock 2070 0 I By Warburg Pincus XI Partners, L.P. Series B Preferred Stock 2018-06-19 4 C 0 45629 0.00 D Common Stock 22814 0 I By WPXI Finance, LP Series B Preferred Stock 2018-06-19 4 C 0 2401 0.00 D Common Stock 1200 0 I By Warburg Pincus XI Partners, L.P. Series D Preferred Stock 2018-06-19 4 C 0 88011 0.00 D Common Stock 44005 0 I By WPXI Finance, LP Series D Preferred Stock 2018-06-19 4 C 0 4632 0.00 D Common Stock 2316 0 I By Warburg Pincus XI Partners, L.P. Series D-1 Preferred Stock 2018-06-19 4 C 0 17286391 0.00 D Common Stock 8643195 0 I By WPXI Finance, LP Series D-1 Preferred Stock 2018-06-19 4 C 0 909810 0.00 D Common Stock 454904 0 I By Warburg Pincus XI Partners, L.P. Series D-2 Preferred Stock 2018-06-19 4 C 0 6463011 0.00 D Common Stock 3231505 0 I By WPXI Finance, LP Series D-2 Preferred Stock 2018-06-19 4 C 0 340158 0.00 D Common Stock 170078 0 I By Warburg Pincus XI Partners, L.P. The shares issuable upon exercise of the warrant are subject to the terms of a lock-up agreement entered into in connection with the Issuer's initial public offering. Shares of preferred stock automatically converted into shares of common stock on a 2-to-1 basis immediately prior to the closing of the Issuer's initial public offering with cash paid in lieu of a fractional share. The preferred stock had no expiration date. Warburg Pincus Private Equity XI, L.P. ("WPXI") holds shares through its subsidiary, WPXI Finance, LP ("WPXIF"). Warburg Pincus XI Partners, L.P. ("WPXI Partners") also holds shares and together with WPXI is referred to as the "WPXI Funds." WPXI GP, L.P. ("WPXIF GP") is the managing general partner of WPXIF. WPXI is the general partner of WPXIF GP. Warburg Pincus XI, L.P. ("WP XI GP") is the general partner of each of WPXI and WPXI Partners. WP Global LLC ("WP Global") is the general partner of WP XI GP. Warburg Pincus Partners II, L.P. ("WPP II") is the managing member of WP Global. Warburg Pincus Partners GP LLC ("WPP GP LLC") is the general partner of WPP II. Warburg Pincus & Co. ("WP") is the managing member of WPP GP LLC. Warburg Pincus LLC ("WP LLC") is the manager of the WPXI Funds. (Continued from Footnote 3) Charles R. Kaye and Joseph P. Landy are each Managing General Partners of WP and Managing Members and Co-Chief Executive Officers of WP LLC and may be deemed to control the Warburg Pincus entities. Mr. Sadrian, a director of the Issuer, is a Partner of WP and a Member and Managing Director of WP LLC. All shares indicated as owned by Mr. Sadrian are included because of his affiliation with the above-referenced Warburg Pincus entities. Mr. Sadrian disclaims beneficial ownership of all shares held by the Warburg Pincus entities, except to the extent of his pecuniary interest therein, if any. The warrant was fully exercisable upon grant. Unless sooner exercised, the warrant expires immediately prior to the closing of the Issuer's initial public offering and will be automatically net exercised pursuant to its terms if not exercised prior to that time. On 6/11/2018, this warrant was exercised by tendering a cash payment. /s/ Alesia L. Pinney, Attorney-in-Fact 2018-06-19