SCHUSTER ALLAN D 4
4 · AVALONBAY COMMUNITIES INC · Filed Oct 17, 2003
Insider Transaction Report
Form 4
SCHUSTER ALLAN D
Director
Transactions
- Award
Deferred Stock Units
2003-10-15+150.539→ 10,215.13 total→ Common Stock (150.539 underlying)
Footnotes (3)
- [F1]Represents Deferred Stock Units ("Units") which convert on a one to one basis into Common Stock.
- [F2]The units will convert into Common Stock when the reporting person ceases to be an employee or director of the issuer.
- [F3]These units were issued on the third quarter payment date of the Company's stock dividend.