SEC Form 4 · accession 0001209191-17-039039
AVALONBAY COMMUNITIES INC · AVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William M McLaughlin
Officer — Executive Vice President
Period of report
Jun 9, 2017
Accepted (ET)
Jun 12, 2017 · 11:47 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 | Jun 9, 2017 | M | 5,112 | $74.20 | A | 52,053 | D | |
| Common Stock, par value $.01 per shareF1 | Jun 9, 2017 | S | 5,112 | $193.88 | D | 46,941 | D | |
| Common Stock, par value $.01 per shareF2 | holding | — | — | — | 3,360 | I | Held by, for or in trust for children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3,F4 | $74.20 | Jun 9, 2017 | M | 5,112 | D | Feb 11, 2011 | Feb 11, 2020 | Common Stock | 5,112 | 0 | D |
Explanation of responses
- F1The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
- F2No transaction is reported. The amount of securities owned indirectly following the reported transactions is included for information purposes only.
- F3The options exercised were included in options granted under the issuer's stock option and incentive plan on February 11, 2010, which became exercisable in three equal annual installments beginning on February 11, 2011.
- F4Following the reported transaction, the reporting person holds a total of 23,302 options to purchase the issuer's common stock granted on various dates and with varying exercise prices and vesting dates.