AVALONBAY COMMUNITIES INC — Director's Dealing 2015

Jun 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2015-05-29

Reporting Person: WALTER W EDWARD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-29	Common Stock, par value $.01 per share	A	781	$0.00	Acquired	8624.9198	Direct

Footnotes

F1: Reflects grant of Deferred Stock Units ("Units") under the issuer's Stock Option and Incentive Plan. The Units will convert into common stock when the reporting person ceases to be an employee or director of the issuer.

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