X0306 4 2019-12-01 0 0000915912 AVALONBAY COMMUNITIES INC AVB 0001227384 HAVNER RONALD L JR 671 N. GLEBE ROAD SUITE 800 ARLINGTON VA 22203 1 0 0 0 Common Stock, par value $.01 per share 2019-12-01 4 A 0 134 0.00 A 7165.9686 D 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. 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. By Catherine T. White under Power of Attorney dated as of September 16, 2014 2019-12-09