AVALONBAY COMMUNITIES INC — Director's Dealing 2014

Feb 7, 2014

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2013-12-31

Reporting Person: HOREY LEO S III (Chief Administrative Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-13	Common Stock, par value $.01 per share	G	150	$0.00	Disposed	53941.607	Direct
2013-05-16	Common Stock, par value $.01 per share	G	75	$0.00	Disposed	53866.607	Direct

Footnotes

F1: Reflects gift of 150 shares.

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

F3: Reflects gift of 75 shares.