Filing Details

Accession Number:
0001209191-16-119242
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-11 17:55:08
Reporting Period:
2016-05-10
Filing Date:
2016-05-11
Accepted Time:
2016-05-11 17:55:08
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
1219700 J Timothy Naughton C/O Avalonbay Communities, Inc.
Ballston Tower, 671 N. Glebe Road
Arlington VA 22203
Chairman & Ceo Yes 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 2016-03-04 60 $0.00 148,798 No 5 G Direct
Common Stock, Par Value $.01 Per Share Acquisiton 2016-05-10 19,667 $143.34 168,465 No 4 M Direct
Common Stock, Par Value $.01 Per Share Acquisiton 2016-05-10 26,005 $86.40 194,470 No 4 M Direct
Common Stock, Par Value $.01 Per Share Acquisiton 2016-05-10 15,015 $74.20 209,485 No 4 M Direct
Common Stock, Par Value $.01 Per Share Acquisiton 2016-05-10 863 $115.83 210,348 No 4 M Direct
Common Stock, Par Value $.01 Per Share Disposition 2016-05-10 1,048 $191.00 209,300 No 4 F Direct
Common Stock, Par Value $.01 Per Share Disposition 2016-05-10 59,340 $190.99 149,960 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Options (Right to Buy) Disposition 2016-05-10 19,667 $0.00 19,667 $143.34
Common Stock Employee Stock Options (Right to Buy) Disposition 2016-05-10 26,005 $0.00 26,005 $86.40
Common Stock Employee Stock Options (Right to Buy) Disposition 2016-05-10 15,015 $0.00 15,015 $74.20
Common Stock Employee Stock Options (Right to Buy) Disposition 2016-05-10 863 $0.00 863 $115.83
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2008-02-08 2017-02-08 No 4 M Direct
0 2009-02-11 2018-02-11 No 4 M Direct
0 2011-02-11 2020-02-11 No 4 M Direct
15,820 2012-02-16 2021-02-16 No 4 M Direct
Footnotes
  1. Reflects gift of 60 shares.
  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 $190.75 to $191.19. 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.
  4. The options exercised were included in options granted under the issuer's stock option and incentive plan on February 08, 2007, which become exercisable in three annual installments beginning on February 08, 2008.
  5. The options exercised were included in options granted under the issuer's stock option and incentive plan on February 11, 2008, which become exercisable in three annual installments beginning on February 11, 2009.
  6. The options exercised were included in options granted under the issuer's stock option and incentive plan on February 11, 2010, which become exercisable in three annual installments beginning on February 11, 2011.
  7. The options exercised were included in options granted under the issuer's stock option and incentive plan on February 16, 2011, which become exercisable in three annual installments beginning on February 16, 2012.
  8. Following the reported transaction, the reporting person holds a total of 89,598 options to purchase the issuer's common stock granted on various dates and with varying exercise prices and vesting dates.