PRIMIS LANCE R 4
4 · AVALONBAY COMMUNITIES INC · Filed Nov 14, 2003
Insider Transaction Report
Form 4
PRIMIS LANCE R
Director
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2003-11-12$36.13/sh+10,000$361,250→ 19,825 total - Sale
Common Stock, par value $.01 per share
2003-11-12$46.03/sh−20,000$920,620→ 9,825 total - Exercise/Conversion
Stock Options (Right to Buy)
2003-11-12−10,000→ 41,000 totalExercise: $36.13From: 1999-06-11Exp: 2008-06-11→ Common Stock (10,000 underlying)
Footnotes (5)
- [F1]The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including restricted shares.
- [F2]The options exercised were granted to the reporting person on June 11, 1998 under the Company's Stock Incentive Plan.
- [F3]The amount of securities owned following the reported transaction includes options granted in prior periods with varying exercise prices and vesting dates. After the exercise described above, the reporting person has exercised all of the options that expire on June 11, 2008 with an exercise price of $36.125.
- [F4]The options exercised were granted to the reporting person on May 12, 1999 under the Company's Stock Incentive Plan.
- [F5]The amount of securities owned following the reported transaction includes options granted in prior periods with varying exercise prices and vesting dates. Following the exercise described above, the reporting person has exercised all of the options that expire on May 12, 2009 with an exercise price of $36.00.