0001209191-12-030097.txt : 20120524 0001209191-12-030097.hdr.sgml : 20120524 20120524120104 ACCESSION NUMBER: 0001209191-12-030097 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120522 FILED AS OF DATE: 20120524 DATE AS OF CHANGE: 20120524 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AVALONBAY COMMUNITIES INC CENTRAL INDEX KEY: 0000915912 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 770404318 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 671 N. GLEBE ROAD STREET 2: SUITE 800 CITY: ARLINGTON STATE: VA ZIP: 22203 BUSINESS PHONE: 7033296300 MAIL ADDRESS: STREET 1: 671 N. GLEBE ROAD STREET 2: STE 800 CITY: ARLINGTON STATE: VA ZIP: 22203 FORMER COMPANY: FORMER CONFORMED NAME: AVALON BAY COMMUNITIES INC DATE OF NAME CHANGE: 19980618 FORMER COMPANY: FORMER CONFORMED NAME: BAY APARTMENT COMMUNITIES INC DATE OF NAME CHANGE: 19931208 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HOREY LEO S III CENTRAL INDEX KEY: 0001219711 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12672 FILM NUMBER: 12866263 MAIL ADDRESS: STREET 1: 2900 ELSENHOWER AVE 3RD FL CITY: ALEXANDRIA STATE: VA ZIP: 22314 4 1 doc4.xml FORM 4 SUBMISSION X0305 4 2012-05-22 0 0000915912 AVALONBAY COMMUNITIES INC AVB 0001219711 HOREY LEO S III C/O AVALONBAY COMMUNITIES, INC. BALLSTON TOWER, 671 N. GLEBE ROAD ARLINGTON VA 22203 0 1 0 0 Chief Administrative Officer Common Stock, par value $.01 per share 2012-05-22 4 M 0 24854 96.19 A 92461.4149 D Common Stock, par value $.01 per share 2012-05-22 4 M 0 18218 86.40 A 110679.4149 D Common Stock, par value $.01 per share 2012-05-22 4 M 0 11237 48.60 A 121916.4149 D Common Stock, par value $.01 per share 2012-05-22 4 S 0 24309 141.5091 D 97607.4149 D Common Stock, par value $.01 per share 2012-05-22 4 S 0 30000 140.3429 D 67607.4149 D Employee Stock Options (Right to Buy) 96.19 2012-05-22 4 M 0 24854 0.00 D 2007-02-09 2016-02-09 Common Stock 24854 1039 D Employee Stock Options (Right to Buy) 86.40 2012-05-22 4 M 0 18218 0.00 D 2009-02-11 2018-02-11 Common Stock 18218 1156 D Employee Stock Options (Right to Buy) 48.60 2012-05-22 4 M 0 11237 0.00 D 2010-02-11 2019-02-11 Common Stock 11237 6060 D The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares. This transaction was executed in multiple trades at prices ranging from $141.2500 to $141.8101. 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. This transaction was executed in multiple trades at prices ranging from $140.10 to $140.88. 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. The options exercised were included in options granted under the issuer's stock option and incentive plan on February 9, 2006, which become exercisable in three annual installments beginning on February 9, 2007. The options exercised were included in options granted under the issuer's stock option and incentive plan on February 11, 2008, which become exercisable in three annual installments beginning on February 11, 2009. The options exercised were included in options granted under the issuer's stock option and incentive plan on February 11, 2009, which become exercisable in three annual installments beginning on February 11, 2010. Following the reported transaction, the reporting person held a total of 47,682 options to purchase the issuer's common stock granted on various dates and with varying exercise prices and vesting dates. Catherine T. White, as attorney-in-fact under Power of Attorney dated February 23, 2009 2012-05-24