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Filing Details

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
1219711	Iii S Leo Horey	C/O Avalonbay Communities, Inc. 2900 Eisenhower Ave., Suite 300 Alexandria VA 22314	Executive Vice President	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	2010-02-25	1,000	$81.00	62,927	No	4	S	Direct
Common Stock, Par Value $.01 Per Share	Disposition	2010-03-01	1,446	$81.26	61,481	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	F	Direct

Footnotes

This transaction was executed in multiple trades at prices ranging from $81.00 to $81.01. 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.
The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
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.