AVALONBAY COMMUNITIES INC — Director's Dealing 2013

Sep 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2013-08-29

Reporting Person: SARLES H JAY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-29	Common Stock, par value $.01 per share	P	2000	$123.9654	Acquired	17012.378	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $123.80 to $124.06. The price reported above reflects the weighted average purchase 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.

F2: The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, some of which may be subject to vesting requirements.