W. Edward Walter - May 27, 2021 Form 4 Insider Report for AVALONBAY COMMUNITIES INC (AVB)

Role: Director
Signature: By Catherine T. White, as attorney-in-fact under Power of Attorney dated as of January 21, 2009.
Stock symbol: AVB
Transactions as of: May 27, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/1/2021, 06:54 PM
Next filing: Nov 2, 2021

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	+833	+9.75%	$0.00	9.37K	May 27, 2021	Direct	F1, F2
holding	AVB	Common Stock, par value $.01 per share						6.35K	May 27, 2021	By WillJen2 LLC	F3

* 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, which Units are subject to vesting requirements. The Units will convert into common stock on a one to one basis when the reporting person ceases to be an employee or director of the issuer.
F2	The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including deferred stock units convertible into common stock, 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 information purposes only.