AVALONBAY COMMUNITIES INC — Director's Dealing 2014

Feb 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2014-02-13

Reporting Person: SARGEANT THOMAS J (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-17	Common Stock par value $.01 per share	G	1117	$0.00	Disposed	11117	Indirect
2014-02-13	Common Stock, par value $.01 per share	A	2627	$0.00	Acquired	116721.5283	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.01 per share	1352	Indirect

Footnotes

F1: Reflects a gift of shares to a trust of which the beneficiaries are children of the reporting person. The shares remain included in the indirect holdings reported here.

F2: Reflects grant of shares of restricted stock under the Company's Stock Option and Incentive Plan, which shares are subject to vesting requirements.

F3: The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.

F4: No transaction is reported. The amount of securities owned indirectly following the reported transaction is included for information purposes only.