AVALONBAY COMMUNITIES INC — Director's Dealing 2012

Aug 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2012-08-27

Reporting Person: BLAIR BRYCE (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-27	Common Stock, par value $.01 per share	S	5718	$144.17	Disposed	176036.1921	Direct

Footnotes

F1: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 4, 2012.

F2: The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.