SEC Form 4 · accession 0001209191-16-135988
AVALONBAY COMMUNITIES INC · AVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew H. Birenbaum
Officer — Chief Investment Officer
Period of report
Aug 8, 2016
Accepted (ET)
Aug 9, 2016 · 10:28 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000915912
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1,F2 | Aug 2, 2016 | G | 250 | $0.00 | D | 31,376 | D | |
| Common Stock, par value $.01 per shareF2 | Aug 8, 2016 | M | 4,940 | $130.23 | A | 36,316 | D | |
| Common Stock, par value $.01 per shareF2 | Aug 8, 2016 | M | 2,044 | $126.78 | A | 38,360 | D | |
| Common Stock, par value $.01 per shareF2 | Aug 8, 2016 | S | 6,984 | $185.00 | D | 31,376 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F3 | $130.23 | Aug 8, 2016 | M | 4,940 | D | Feb 13, 2014 | Feb 13, 2023 | Common Stock | 4,940 | 0 | D |
| Employee Stock Options (Right to Buy)F4,F5 | $126.78 | Aug 8, 2016 | M | 2,044 | D | Mar 13, 2014 | Mar 13, 2023 | Common Stock | 2,044 | 0 | D |
Explanation of responses
- F1Reflects gift of 250 shares.
- F2The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
- F3The options exercised were included in options granted under the issuer's stock option and incentive plan on February 13, 2013, which became exercisable in three annual installments beginning on February 13, 2014
- F4The options exercised were included in options granted under the issuer's stock option and incentive plan on March 13, 2013, which became exercisable in three annual installments beginning on March 13, 2014
- F5Following the reported transactions, the reporting person does not hold any options to purchase.