Filing Details

Accession Number:
0001209191-10-014032
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-03 12:00:00
Reporting Period:
2010-03-01
Filing Date:
2010-03-03
Accepted Time:
2010-03-03 16:17:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
915912 Avalonbay Communities Inc AVB Real Estate Investment Trusts (6798) 770404318
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1219716 M Edward Schulman C/O Avalonbay Communities, Inc.
2900 Eisenhower Ave., Suite 300
Alexandria VA 22314
Svp-General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $.01 Per Share Disposition 2010-03-01 809 $81.26 11,371 No 4 F Direct
Common Stock, Par Value $.01 Per Share Acquisiton 2010-03-02 2,849 $48.60 14,220 No 4 M Direct
Common Stock, Par Value $.01 Per Share Disposition 2010-03-02 2,849 $81.22 11,371 No 4 S Direct
Common Stock, Par Value $.01 Per Share Disposition 2010-03-02 1,700 $81.18 9,671 No 4 S Direct
Common Stock, Par Value $.01 Per Share Disposition 2010-03-02 150 $0.00 9,521 No 5 G Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 5 G Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2010-03-02 2,849 $0.00 2,849 $48.60
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,704 2010-02-11 2019-02-11 No 4 M Direct
Footnotes
  1. Reflects withholding of shares by the Company to cover tax withholding obligations on the vesting of restricted stock under the Company's Stock Option and Incentive Plan.
  2. The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
  3. This transaction was executed in multiple trades at prices ranging from $81.20 to $81.23. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  4. This transaction was executed in multiple trades at prices ranging from $81.17 to $81.19. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  5. Reflects gift of 150 shares.
  6. The options exercised were included in options granted under the issuer's stock option and incentive plan on February 11, 2009 which became exercisable in three equal installments beginning on February 11, 2010.
  7. Following the reported transaction, the reporting person holds 53,587 options to purchase the issuer's common stock granted on various dates and with varying exercise prices and vesting dates.