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AVALONBAY COMMUNITIES INC — Director's Dealing 2012
Jun 8, 2012
30174_dirs_2012-06-08_59ffb8bc-e6fa-4d5e-af6a-8318fa641c8e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2012-06-05
Reporting Person: McLaughlin William M (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-06-05 | Common Stock, par value $.01 per share | G | 720 | $0.00 | Disposed | 56427.5096 | Direct |
| 2012-06-06 | Common Stock, par value $.01 per share | M | 10000 | $86.40 | Acquired | 66427.5096 | Direct |
| 2012-06-06 | Common Stock, par value $.01 per share | S | 10000 | $140.0504 | Disposed | 56427.5096 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-06-06 | Employee Stock Options (Right to Buy) | $86.40 | M | 10000 | Disposed | 2018-02-11 | Common Stock (10000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $.01 per share | 800 | Indirect |
Footnotes
F1: Reflects gift of 720 shares.
F2: The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
F3: This transaction was executed in multiple trades at prices ranging from $140.00 to $140.17. 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.
F4: No transaction is reported. The amount of securities owned indirectly following the reported transaction is included for information purposes only.
F5: The options exercised were included in options granted under the issuer's stock option and incentive plan on February 11, 2008, which become exercisable in three annual installments beginning on February 11, 2009.
F6: Following the reported transaction, the reporting person holds a total of 74,366 options to purchase the issuer's common stock granted on various dates and with varying exercise prices and vesting dates.