Matthew H. Birenbaum - Feb 23, 2023 Form 4 Insider Report for AVALONBAY COMMUNITIES INC (AVB)

Role: Chief Investment Officer
Signature: By Edward M. Schulman under Power of Attorney dated as of October 14, 2011
Stock symbol: AVB
Transactions as of: Feb 23, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/27/2023, 07:54 PM
Previous filing: Mar 3, 2022
Next filing: Mar 3, 2023

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	+6.53K	+10.86%	$0.00	66.6K	Feb 23, 2023	Direct	F1, F2
transaction	AVB	Common Stock, par value $.01 per share	Award	$0	+4.21K	+6.32%	$0.00	70.8K	Feb 23, 2023	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Reflects grant of shares of restricted stock under the Company's Second Amended and Restated 2009 Equity Incentive Plan, which shares are subject to vesting requirements.
F2	The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
F3	Reflects shares earned in connection with previously awarded performance share units issued under the Company's Second Amended and Restated 2009 Equity Incentive Plan.