Timothy J. Naughton - Mar 1, 2024 Form 4 Insider Report for AVALONBAY COMMUNITIES INC (AVB)

Role
Director
Signature
Edward M. Schulman, as attorney-in-fact under Power of Attorney dated January 1, 2000
Stock symbol
AVB
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 08:41 PM
Previous filing
Feb 15, 2024
Next filing
Mar 26, 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 Tax liability $0 -22.2K -28.71% $0.00 55.1K Mar 1, 2024 Direct F1, F2
holding AVB Common Stock, par value $.01 per share 89.1K Mar 1, 2024 By GRAT F3
holding AVB Common Stock, par value $.01 per share 14K Mar 1, 2024 By Family Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects withholding of shares by the Company to cover tax withholding obligations on the vesting of restricted stock and performance share unit awards under the Company's Second Amended and Restated 2009 Equity Incentive Plan.
F2 The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares and deferred stock units, some of which may be subject to vesting requirements.
F3 No transaction is reported. The amount of securities owned indirectly following the reported transaction is included for informational purposes only.
F4 No transaction is reported. Reflects indirect beneficial ownership by spouse through Family Trust and the reporting person disclaims any beneficial ownership in these shares.