Terry S. Brown - 01 Mar 2022 Form 4 Insider Report for AVALONBAY COMMUNITIES INC (AVB)

Role: Director
Signature: By Catherine T. White under Power of Attorney dated as of November 26, 2014
Issuer symbol: AVB
Transactions as of: 01 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2022, 14:47:30 UTC
Previous filing: 03 Dec 2021
Next filing: 20 May 2022
SEC: View on sec.gov

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	+112	+1.1%	$0.000000	10,505	01 Mar 2022	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 bases 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.