Home > Insider Trading > Filing (0001209191-11-035269)

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
1219700	J Timothy Naughton	C/O Avalonbay Communities, Inc. Ballston Tower, 671 N. Glebe Road Arlington VA 22203	President	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
Common Stock, Par Value $.01 Per Share	Acquisiton	2011-06-15	1,245	$49.09	95,148	No	4	M	Direct
Common Stock, Par Value $.01 Per Share	Disposition	2011-06-15	1,245	$132.00	93,903	No	4	S	Direct
Common Stock, Par Value $.01 Per Share	Acquisiton	2011-06-16	56,406	$0.00	150,309	No	4	A	Direct
Common Stock, Par Value $.01 Per Share	Disposition	2011-06-16	11,902	$128.73	138,407	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	A	Direct
No	4	F	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	2011-06-15	1,245	$0.00	1,245	$49.09

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
56,731	2005-02-12	2014-02-12	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.
Reflects the settlement of Deferred Stock Awards granted under the Company's 1994 Stock Option and Incentive Plan in the form of shares of restricted and unrestricted stock following the June 16, 2011, determination by the Compensation Committee of the Company's Board of Directors that goals had been fully achieved under the Company's three year 2008 Performance Plan.
Reflects withholding of shares by the Company to cover tax withholding obligations due on receipt of unrestricted stock.
The options exercised were included in options granted on February 12, 2004, which became exerciseable in three equal annual installments beginning on February 12, 2005.
Following the reported transaction, the reporting person holds a total of 415,165 options to purchase the issuer's common stock granted on various dates and with varying exercise prices and vesting dates.