AVALONBAY COMMUNITIES INC — Director's Dealing 2011

Jun 23, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2011-06-22

Reporting Person: BLAIR BRYCE (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-22	Common Stock, par value $.01 per share	S	155	$131.23	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.01 per share	321471.4657	Direct

Footnotes

F1: Reflects sale of shares held in trust for child.

F2: No transaction is reported. Reflects direct ownership of all shares of common stock, including restricted shares.