4//SEC Filing
Shea Keri A 4
Accession 0000950170-24-139689
CIK 0000915912other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 5:03 PM ET
Size
50.0 KB
Accession
0000950170-24-139689
Insider Transaction Report
Form 4
Shea Keri A
VP-Finance and Treasurer
Transactions
- Sale
Common Stock, par value $.01 per share
2016-05-04$184.43/sh−25$4,611→ 465 total(indirect: By Spouse) - Award
Common Stock, par value $.01 per share
2019-02-14+258→ 639 total(indirect: By Spouse) - Sale
Common Stock, par value $.01 per share
2019-05-06$201.20/sh−40$8,048→ 182 total(indirect: By Spouse) - Award
Common Stock, par value $.01 per share
2020-02-13+305→ 487 total(indirect: By Spouse) - Other
Common Stock, par value $.01 per share
2021-02-25+461→ 881 total(indirect: By Spouse) - Tax Payment
Common Stock, par value $.01 per share
2023-03-01$168.21/sh−137$23,045→ 713 total(indirect: By Spouse) - Award
Common Stock, par value $.01 per share
2016-02-11+213→ 562 total(indirect: By Spouse) - Sale
Common Stock, par value $.01 per share
2016-05-10$191.25/sh−185$35,381→ 280 total(indirect: By Spouse) - Tax Payment
Common Stock, par value $.01 per share
2018-03-01$155.05/sh−79$12,249→ 381 total(indirect: By Spouse) - Sale
Common Stock, par value $.01 per share
2016-09-12$170.33/sh−40$6,813→ 240 total(indirect: By Spouse) - Award
Common Stock, par value $.01 per share
2018-02-15+168→ 460 total(indirect: By Spouse) - Tax Payment
Common Stock, par value $.01 per share
2016-03-01$177.63/sh−72$12,789→ 490 total(indirect: By Spouse) - Sale
Common Stock, par value $.01 per share
2016-12-14$170.15/sh−38$6,466→ 202 total(indirect: By Spouse) - Tax Payment
Common Stock, par value $.01 per share
2021-03-01$177.02/sh−118$20,888→ 763 total(indirect: By Spouse) - Sale
Common Stock, par value $.01 per share
2021-08-05$227.83/sh−300$68,349→ 463 total(indirect: By Spouse) - Tax Payment
Common Stock, par value $.01 per share
2017-03-01$183.31/sh−65$11,915→ 292 total(indirect: By Spouse) - Tax Payment
Common Stock, par value $.01 per share
2019-03-01$194.25/sh−63$12,238→ 576 total(indirect: By Spouse) - Award
Common Stock, par value $.01 per share
2022-02-17+239→ 702 total(indirect: By Spouse) - Tax Payment
Common Stock, par value $.01 per share
2022-03-01$234.18/sh−129$30,209→ 573 total(indirect: By Spouse) - Tax Payment
Common Stock, par value $.01 per share
2020-03-01$200.59/sh−67$13,440→ 420 total(indirect: By Spouse) - Award
Common Stock, par value $.01 per share
2017-02-16+155→ 357 total(indirect: By Spouse) - Award
Common Stock, par value $.01 per share
2023-02-23+277→ 850 total(indirect: By Spouse) - Sale
Common Stock, par value $.01 per share
2019-05-06$201.03/sh−354$71,165→ 222 total(indirect: By Spouse) - Other
Common Stock, par value $.01 per share
2024-02-13+835→ 1,548 total(indirect: By Spouse) - Tax Payment
Common Stock, par value $.01 per share
2024-03-01$178.14/sh−151$26,899→ 1,033.791 total(indirect: By Spouse) - Award
Employee Stock Options (Right to Buy)
2021-02-25+1,222→ 1,222 total(indirect: By Spouse)Exercise: $180.32From: 2023-03-01Exp: 2031-02-25→ Common Stock (1,222 underlying)
Holdings
- 4,383
Common Stock, par value $.01 per share
- 3,142
Employee Stock Options (Right to Buy)
Exercise: $180.32From: 2023-03-01Exp: 2031-02-25→ Common Stock (3,142 underlying)
Footnotes (6)
- [F1]Reflects the grant of shares of common stock under the Company's 2009 Equity Incentive Plan (the "2009 Plan") to the reporting person's spouse, an employee of the issuer ("Spouse").
- [F2]Reflects withholding of shares by the Company to cover tax withholding obligations on the vesting of restricted stock and performance share unit awards that were awarded to Spouse under the 2009 Plan.
- [F3]The reported sale was a sale of shares acquired by Spouse through the Company's employee stock purchase plan ("ESPP"). Purchases of shares through the ESPP and the Company's dividend reinvestment program are not itemized above and the number of shares owned following each transaction does not reflect the holding of such acquired shares, with the exception of the number of securities beneficially owned following the transaction reported on March 1, 2024, which includes 257.8859 of such shares held as of the date hereof.
- [F4]These transactions relate to the issuance of shares of common stock to Spouse under the 2009 Plan. Of the shares issued on February 25, 2021, 78 shares were unrestricted shares issued upon settlement of performance-based share units. On August 5, 2021, Spouse subsequently sold 21 of these unrestricted shares, which caused the issuance of such 21 shares to be matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), against a sale by the reporting person on August 6, 2021, at a greater price per share of $229.52, which sale was previously reported. The reporting person has voluntarily disgorged to the issuer the full amount of the resulting statutory profit calculated pursuant to Section 16(b) of the Exchange Act. The remaining 279 shares sold by Spouse on August 5, 2021, were acquired from the Company under the 2009 Plan or the ESPP and were held for more than six months and the acquisition was therefore exempt under Rule 16b-3(d)(3).
- [F5]This transaction relates to the issuance of shares of common stock to Spouse under the 2009 Plan. Of the shares issued on February 13, 2024, 232 shares were unrestricted shares issued upon settlement of performance-based share units. On August 6, 2024, as previously reported, Spouse subsequently sold 162 of these unrestricted shares, which caused the issuance of such 162 shares to be matchable under Section 16(b) of the Exchange Act against a sale by the reporting person also on August 6, 2024, at a greater price per share of $207.33, which sale was also previously reported. The reporting person has voluntarily disgorged to the issuer the full amount of the resulting statutory profit calculated pursuant to Section 16(b) of the Exchange Act. The remaining 699 shares sold by Spouse on August 6, 2024, were acquired from the Company under the 2009 Plan or the ESPP and were held for more than six months and the acquisition was therefore exempt under Rule 16b-3(d)(3).
- [F6]The amount of securities owned following the reported transaction reflects deemed indirect ownership of all shares of common stock, including restricted shares, held by Spouse as of the date hereof. The amount includes the aggregate number of shares now owned that were originally acquired by Spouse through the ESPP (including shares held in the ESPP and acquired through participation in the Company's dividend reinvestment program) from 2012 through the date hereof and reflects the impact of the sale of 861 shares of common stock by Spouse on August 6, 2024. The reporting person disclaims beneficial ownership of shares held by Spouse.
Documents
Issuer
AVALONBAY COMMUNITIES INC
CIK 0000915912
Entity typeother
Related Parties
1- filerCIK 0001467875
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 5:03 PM ET
- Size
- 50.0 KB