Stephen P. Hills - Jun 1, 2023 Form 4 Insider Report for AVALONBAY COMMUNITIES INC (AVB)

Role
Director
Signature
By Edward M. Schulman under Power of Attorney dated August 20, 2017
Stock symbol
AVB
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/5/2023, 05:18 PM
Previous filing
May 31, 2022
Next filing
May 28, 2024

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 +990 +18.37% $0.00 6.38K Jun 1, 2023 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, 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, some of which may be subject to vesting requirements.