Filing Details
- Accession Number:
- 0001209191-19-018553
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-03-11 17:48:12
- Reporting Period:
- 2019-03-07
- Accepted Time:
- 2019-03-11 17:48:12
- 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 | Acquisiton | 2019-03-07 | 25,682 | $130.23 | 194,780 | No | 4 | M | Direct | |
| Common Stock, Par Value $.01 Per Share | Acquisiton | 2019-03-07 | 17,850 | $132.95 | 212,630 | No | 4 | M | Direct | |
| Common Stock, Par Value $.01 Per Share | Disposition | 2019-03-07 | 43,532 | $196.39 | 169,098 | No | 4 | S | Direct | |
| Common Stock, Par Value $.01 Per Share | Acquisiton | 2019-03-07 | 752 | $132.95 | 169,850 | No | 4 | M | Direct | |
| Common Stock, Par Value $.01 Per Share | Acquisiton | 2019-03-07 | 767 | $130.23 | 170,617 | No | 4 | M | Direct | |
| Common Stock, Par Value $.01 Per Share | Disposition | 2019-03-07 | 1,023 | $195.50 | 169,594 | No | 4 | F | Direct | |
| Common Stock, Par Value $.01 Per Share | Acquisiton | 2019-03-08 | 2,093 | $130.23 | 171,687 | No | 4 | M | Direct | |
| Common Stock, Par Value $.01 Per Share | Disposition | 2019-03-08 | 20,957 | $196.36 | 150,730 | No | 4 | S | Direct | |
| Common Stock, Par Value $.01 Per Share | Disposition | 2019-03-08 | 3,300 | $197.00 | 147,430 | No | 4 | S | Direct | |
| Common Stock, Par Value $.01 Per Share | Disposition | 2019-03-08 | 100 | $0.00 | 147,330 | No | 5 | G | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| 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 Option (Right to Buy) | Disposition | 2019-03-07 | 26,449 | $0.00 | 26,449 | $130.23 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2019-03-07 | 18,602 | $0.00 | 18,602 | $132.95 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2019-03-08 | 2,093 | $0.00 | 2,093 | $130.23 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,093 | 2014-02-13 | 2023-02-13 | No | 4 | M | Direct |
| 0 | 2013-02-16 | 2022-02-16 | No | 4 | M | Direct |
| 0 | 2014-02-13 | 2023-02-13 | No | 4 | M | Direct |
Footnotes
- The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
- The transaction was executed in multiple trades at prices ranging from $196.005 to $196.760. 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.
- Reflects shares swapped via a stock swap option exercise to cover the exercise price of the options.
- The transaction was executed in multiple trades at prices ranging from $196.00 to $196.99. 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.
- Reflects gift of 100 shares at no cost.
- The options exercised were included in options granted under the issuer's Second Amended and Restated 2009 Equity Incentive Plan on2/13/2013, which became exercisable in three equal annual installments beginning on 2/13/2014.
- The options exercised were included in options granted under the issuer's Second Amended and Restated 2009 Equity Incentive Plan on2/16/2012, which became exercisable in three equal annual installments beginning on 2/16/2013.
- Following the reported transaction, the reporting person holds a total of 26,634 options to purchase the issuer's common stock.
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