Timothy J. Naughton - Aug 31, 2021 Form 4 Insider Report for AVALONBAY COMMUNITIES INC (AVB)

Role: Chairman & CEO, Director
Signature: Catherine T. White, as attorney-in-fact under Power of Attorney dated January 29, 2009
Stock symbol: AVB
Transactions as of: Aug 31, 2021
Transactions value $: -$4,990,907
Form type: 4
Date filed: 9/2/2021, 03:20 PM
Previous filing: Jun 25, 2021
Next filing: Sep 27, 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	Gift	$0	-100	-0.09%	$0.00	107K	Mar 18, 2021	Direct	F1
transaction	AVB	Common Stock, par value $.01 per share	Sale	-$4.99M	-21.8K	-20.34%	$228.49	85.5K	Aug 31, 2021	Direct	F1, F2
holding	AVB	Common Stock, par value $.01 per share						53.3K	Aug 31, 2021	By GRAT	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
F2	The transaction was executed in multiple trades at prices ranging from $228.00 to $228.92. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3	No transaction is reported. The amount of securities owned indirectly following the reported transaction is included for information purposes only.