AVALONBAY COMMUNITIES INC — Director's Dealing 2023

Feb 28, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVALONBAY COMMUNITIES INC (AVB)
CIK: 0000915912
Period of Report: 2023-02-23

Reporting Person: SCHULMAN EDWARD M (EVP-General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-23	Common Stock, par value $.01 per share	A	2263	$0.00	Acquired	21586.588	Direct
2023-02-23	Common Stock, par value $.01 per share	A	1936	$0.00	Acquired	23522.588	Direct

Footnotes

F1: Reflects grant of shares of restricted stock under the Company's Second Amended and Restated 2009 Equity Incentive Plan, which shares are
subject to vesting requirements.

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

F3: Reflects shares earned in connection with previously awarded performance share units issued under the Company's Second Amended and
Restated 2009 Equity Incentive Plan.