AVALONBAY COMMUNITIES INC — Director's Dealing 2010

Mar 3, 2010

SEC Form 3/A — Form 3/A

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2010-02-10

Reporting Person: McLaughlin William M (Executive Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $.01 per share	42335.34	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options (Right to Buy)	$74.20	2020-02-11	Common Stock (0)		Direct

Footnotes

F1: Includes restricted shares granted under the Company's Stock Incentive Plan, a protion of which are subject to vesting. The original Form 3 erroneously indicated that the reporting person owned 46,419.340 as of the date he became a reporting person.

F2: The original Form 3 erroneously indicated that the reporting person held 6,459 options as of the date he became a reporting person. The option award originally reported was granted on the next day (02/11/2010).