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AVALONBAY COMMUNITIES INC Director's Dealing 2013

Jan 4, 2013

30174_dirs_2013-01-04_fb394b71-1702-4555-9f52-bb467c36bf9d.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2013-01-01

Reporting Person: O'Shea Kevin P. (Executive Vice President)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $.01 per share 2726 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Options (Right to Buy) $143.34 2017-02-08 Common Stock (3166) Direct
Employee Stock Options (Right to Buy) $74.20 2020-02-11 Common Stock (676) Direct
Employee Stock Options (Right to Buy) $115.83 2021-02-16 Common Stock (1371) Direct
Employee Stock Options (Right to Buy) $132.95 2022-02-16 Common Stock (2185) Direct

Footnotes

F1: Includes restricted shares granted under the Company's Stock Incentive Plan which are subject to vesting.

F2: These options were granted on 02/08/2007 and became exercisable in three equal installments beginning 02/08/2008.

F3: The reporting person holds a total of 7,398 options to purchase the issuer's common stock granted on various dates with varying exercise prices and vesting dates.

F4: These options were granted on 02/11/2010 and became exercisable in three equal installments beginning 02/11/2011.

F5: These options were granted on 02/16/2011 and became exercisable in three equal installments beginning 02/16/2012.

F6: These options were granted on 02/16/2012 and became exercisable in three equal installments beginning 02/16/2013.