PEEBLER CHARLES D JR 4
4 · AVALONBAY COMMUNITIES INC · Filed Oct 4, 2004
Insider Transaction Report
Form 4
PEEBLER CHARLES D JR
Director
Transactions
- Award
Common Stock, par value $.01 per share
2004-09-30+124.543→ 13,160.483 total
Footnotes (2)
- [F1]Reflects grant of Deferred Stock Units ("Units") under the issuer's Stock Option and Incentive Plan pursuant to an election previously made by the reporting person to receive Units in lieu of the quarterly cash director's fee otherwise due. The Units will convert into common stock on a one for one basis when the reporting person ceases to be an employee or director of the issuer.
- [F2]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. The amount of securities owned following the reported transaction also includes 96.684 Units issued to the reporting person on the issuer's second quarter dividend payment date, which additional Units were issued as dividend reinvestment equivalents on the reporting person's Units.