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Filing Details

Accession Number:: 0000950170-24-139689
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-12-23 17:03:50
Reporting Period:: 2016-02-11

Accepted Time:: 2024-12-23 17:03:50
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
1467875	A Keri Shea	C/O Avalonbay Communities, Inc. 4040 Wilson Boulevard Ste 1000 Arlington VA 22203	Svp-Finance And Treasurer	No	No	No	No

Reported Non-Derivative Transactions

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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	2016-02-11	213	$0.00	562	No	4	A	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2016-03-01	72	$177.63	490	No	4	F	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2016-05-04	25	$184.43	465	No	4	S	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2016-05-10	185	$191.25	280	No	4	S	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2016-09-12	40	$170.33	240	No	4	S	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2016-12-14	38	$170.15	202	No	4	S	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Acquisiton	2017-02-16	155	$0.00	357	No	4	A	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2017-03-01	65	$183.31	292	No	4	F	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Acquisiton	2018-02-15	168	$0.00	460	No	4	A	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2018-03-01	79	$155.05	381	No	4	F	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Acquisiton	2019-02-14	258	$0.00	639	No	4	A	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2019-03-01	63	$194.25	576	No	4	F	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2019-05-06	354	$201.03	222	No	4	S	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2019-05-06	40	$201.20	182	No	4	S	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Acquisiton	2020-02-13	305	$0.00	487	No	4	A	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2020-03-01	67	$200.59	420	No	4	F	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Acquisiton	2021-02-25	461	$0.00	881	No	4	J	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2021-03-01	118	$177.02	763	No	4	F	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2021-08-05	300	$227.83	463	No	4	S	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Acquisiton	2022-02-17	239	$0.00	702	No	4	A	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2022-03-01	129	$234.18	573	No	4	F	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Acquisiton	2023-02-23	277	$0.00	850	No	4	A	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2023-03-01	137	$168.21	713	No	4	F	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Acquisiton	2024-02-13	835	$0.00	1,548	No	4	J	Indirect	By spouse
Common Stock, Par Value $.01 Per Share	Disposition	2024-03-01	151	$178.14	1,034	No	4	F	Indirect	By spouse

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Indirect	By spouse
No	4	F	Indirect	By spouse
No	4	S	Indirect	By spouse
No	4	S	Indirect	By spouse
No	4	S	Indirect	By spouse
No	4	S	Indirect	By spouse
No	4	A	Indirect	By spouse
No	4	F	Indirect	By spouse
No	4	A	Indirect	By spouse
No	4	F	Indirect	By spouse
No	4	A	Indirect	By spouse
No	4	F	Indirect	By spouse
No	4	S	Indirect	By spouse
No	4	S	Indirect	By spouse
No	4	A	Indirect	By spouse
No	4	F	Indirect	By spouse
No	4	J	Indirect	By spouse
No	4	F	Indirect	By spouse
No	4	S	Indirect	By spouse
No	4	A	Indirect	By spouse
No	4	F	Indirect	By spouse
No	4	A	Indirect	By spouse
No	4	F	Indirect	By spouse
No	4	J	Indirect	By spouse
No	4	F	Indirect	By spouse

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Options (Right to Buy)	Acquisiton	2021-02-25	1,222	$0.00	1,222	$180.32

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,222	2023-03-01	2031-02-25	No	4	A	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $.01 Per Share	4,383	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Options (Right to Buy)	$180.32	2023-03-01	2031-02-25	3,142	3,142	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2031-02-25	3,142	3,142	Direct

Footnotes

Reflects the grant of shares of common stock under the Company's 2009 Equity Incentive Plan (the "2009 Plan") to the reporting person's spouse, an employee of the issuer ("Spouse").
Reflects withholding of shares by the Company to cover tax withholding obligations on the vesting of restricted stock and performance share unit awards that were awarded to Spouse under the 2009 Plan.
The reported sale was a sale of shares acquired by Spouse through the Company's employee stock purchase plan ("ESPP"). Purchases of shares through the ESPP and the Company's dividend reinvestment program are not itemized above and the number of shares owned following each transaction does not reflect the holding of such acquired shares, with the exception of the number of securities beneficially owned following the transaction reported on March 1, 2024, which includes 257.8859 of such shares held as of the date hereof.
These transactions relate to the issuance of shares of common stock to Spouse under the 2009 Plan. Of the shares issued on February 25, 2021, 78 shares were unrestricted shares issued upon settlement of performance-based share units. On August 5, 2021, Spouse subsequently sold 21 of these unrestricted shares, which caused the issuance of such 21 shares to be matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), against a sale by the reporting person on August 6, 2021, at a greater price per share of $229.52, which sale was previously reported. The reporting person has voluntarily disgorged to the issuer the full amount of the resulting statutory profit calculated pursuant to Section 16(b) of the Exchange Act. The remaining 279 shares sold by Spouse on August 5, 2021, were acquired from the Company under the 2009 Plan or the ESPP and were held for more than six months and the acquisition was therefore exempt under Rule 16b-3(d)(3).
This transaction relates to the issuance of shares of common stock to Spouse under the 2009 Plan. Of the shares issued on February 13, 2024, 232 shares were unrestricted shares issued upon settlement of performance-based share units. On August 6, 2024, as previously reported, Spouse subsequently sold 162 of these unrestricted shares, which caused the issuance of such 162 shares to be matchable under Section 16(b) of the Exchange Act against a sale by the reporting person also on August 6, 2024, at a greater price per share of $207.33, which sale was also previously reported. The reporting person has voluntarily disgorged to the issuer the full amount of the resulting statutory profit calculated pursuant to Section 16(b) of the Exchange Act. The remaining 699 shares sold by Spouse on August 6, 2024, were acquired from the Company under the 2009 Plan or the ESPP and were held for more than six months and the acquisition was therefore exempt under Rule 16b-3(d)(3).
The amount of securities owned following the reported transaction reflects deemed indirect ownership of all shares of common stock, including restricted shares, held by Spouse as of the date hereof. The amount includes the aggregate number of shares now owned that were originally acquired by Spouse through the ESPP (including shares held in the ESPP and acquired through participation in the Company's dividend reinvestment program) from 2012 through the date hereof and reflects the impact of the sale of 861 shares of common stock by Spouse on August 6, 2024. The reporting person disclaims beneficial ownership of shares held by Spouse.