Timothy J. Naughton - Mar 1, 2022 Form 4 Insider Report for AVALONBAY COMMUNITIES INC (AVB)

Role: Executive Chairman, Director
Signature: Catherine T. White, as attorney-in-fact under Power of Attorney dated January 29, 2009
Stock symbol: AVB
Transactions as of: Mar 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/3/2022, 08:00 PM
Previous filing: Feb 22, 2022
Next filing: Mar 28, 2022

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	-21.7K	-18.46%	$0.00	96.1K	Mar 1, 2022	Direct	F1, F2
transaction	AVB	Common Stock, par value $.01 per share	Gift	$0	-100	-0.1%	$0.00	96K	Mar 3, 2022	Direct	F2, F3
holding	AVB	Common Stock, par value $.01 per share						36.7K	Mar 1, 2022	By GRAT	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.
F3	Reflects gift of shares.
F4	No transaction is reported. The amount of securities owned indirectly following the reported transaction is included for information purposes only.