Terry S. Brown - Dec 1, 2023 Form 4 Insider Report for AVALONBAY COMMUNITIES INC (AVB)

Role
Director
Signature
By Edward M. Schulman under Power of Attorney dated as of November 26, 2014
Stock symbol
AVB
Transactions as of
Dec 1, 2023
Transactions value $
$0
Form type
4
Date filed
12/5/2023, 07:35 PM
Previous filing
Sep 6, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVB Common Stock, par value $.01 per share Award $0 +190 +1.35% $0.00 14.3K Dec 1, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects grant of Deferred Stock Units ("Units") under the issuer's Second Amended and Restated 2009 Equity Incentive Plan pursuant to an election previously made by the reporting person to receive Units in lieu of the quarterly cash director's fee otherwise due. The Units will convert into common stock on a one for one basis when the reporting person ceases to be a director of the issuer.
F2 The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including Units, which may be subject to vesting requirements.