4//SEC Filing
SCHUSTER ALLAN D 4
Accession 0001209191-04-059725
CIK 0000915912other
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 2:10 PM ET
Size
14.6 KB
Accession
0001209191-04-059725
Insider Transaction Report
Form 4
SCHUSTER ALLAN D
Director
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2004-12-28−10,000→ 41,000 totalExercise: $36.13From: 1999-06-11Exp: 2008-06-11→ Common Stock (10,000 underlying) - Sale
Common Stock, par value $.01 per share
2004-12-28$75.00/sh−20,000$1,500,064→ 22,309.368 total - Exercise/Conversion
Common Stock, par value $.01 per share
2004-12-28$36.13/sh+10,000$361,250→ 32,309.368 total
Footnotes (5)
- [F1]The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including Deferred Stock Units ("Units"), which may be subject to vesting requirements. The Units will convert into common stock when the reporting person ceases to be an employee or director of the issuer. The amount of securities owned following the reported transaction also includes a total of 251.234 Units issued in lieu of dividends on the issuer's second and third quarter dividend payment dates.
- [F2]The options exercised were included in options granted on June 11, 1998 under the issuer's Stock Option and Incentive Plan.
- [F3]The number of derivative securities beneficially owned following the reported transaction includes options granted on various dates with varying exercise prices and vesting dates. Following the reported transaction the reporting person holds no more options that expire on June 11, 2008 with an exercise price of $36.125.
- [F4]The options exercised were included in options granted on May 12, 1999 under the issuer's Stock Option and Incentive Plan.
- [F5]The number of derivative securities beneficially owned following the reported transaction includes options granted on various dates with varying exercise prices and vesting dates. Following the reported transaction, the reporting person owns no more options that expire on May 12, 2009 with an exercise price of $36.00.
Documents
Issuer
AVALONBAY COMMUNITIES INC
CIK 0000915912
Entity typeother
Related Parties
1- filerCIK 0001219705
Filing Metadata
- Form type
- 4
- Filed
- Dec 28, 7:00 PM ET
- Accepted
- Dec 29, 2:10 PM ET
- Size
- 14.6 KB