0001209191-11-035907.txt : 20110622 0001209191-11-035907.hdr.sgml : 20110622 20110622152604 ACCESSION NUMBER: 0001209191-11-035907 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110620 FILED AS OF DATE: 20110622 DATE AS OF CHANGE: 20110622 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: NAUGHTON TIMOTHY J CENTRAL INDEX KEY: 0001219700 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12672 FILM NUMBER: 11925579 MAIL ADDRESS: STREET 1: 2900 ELSENHOWER AVE 3RD FL CITY: ALEXANDRIA STATE: VA ZIP: 22314 4 1 doc4.xml FORM 4 SUBMISSION X0303 4 2011-06-20 0 0000915912 AVALONBAY COMMUNITIES INC AVB 0001219700 NAUGHTON TIMOTHY J C/O AVALONBAY COMMUNITIES, INC. BALLSTON TOWER, 671 N. GLEBE ROAD ARLINGTON VA 22203 1 1 0 0 President Common Stock, par value $.01 per share 2011-06-20 4 M 0 18884 49.09 A 157291.1347 D Common Stock, par value $.01 per share 2011-06-20 4 S 0 19608 130.3925 D 137683.1347 D Common Stock, par value $.01 per share 2011-06-20 4 S 0 5129 132.00 D 132554.1347 D Common Stock, par value $.01 per share 2011-06-21 4 M 0 9871 49.09 A 142425.1347 D Common Stock, par value $.01 per share 2011-06-21 4 S 0 15317 132.138 D 127108.1347 D Stock Options (Right to Buy) 49.09 2011-06-20 4 M 0 18884 0.00 D 2005-02-12 2014-02-12 Common Stock 18884 37847 D Stock Options (Right to Buy) 49.09 2011-06-21 4 M 0 9871 0.00 D 2005-02-12 2014-02-12 Common Stock 9871 27976 D The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares. The transaction was executed in multiple trades at prices ranging from $130.23 to $130.79. 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 transaction was executed in multiple trades at prices ranging from $132.00 to $132.41. 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 on February 12, 2004, which became exerciseable in three equal annual installments beginning on February 12, 2005. Following the reported transaction, the reporting person held a total of 396,281 options to purchase the issuer's common stock granted on various dates and with varying exercise prices and vesting dates. Following the reported transaction, the reporting person holds a total of 386,410 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 January 29, 2009 2011-06-22