4//SEC Filing
SCHUSTER ALLAN D 4
Accession 0001209191-05-038659
CIK 0000915912other
Filed
Jul 25, 8:00 PM ET
Accepted
Jul 26, 6:30 PM ET
Size
10.2 KB
Accession
0001209191-05-038659
Insider Transaction Report
Form 4
SCHUSTER ALLAN D
Director
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2005-07-26$40.50/sh+10,000$405,000→ 34,634.022 total - Sale
Common Stock, par value $.01 per share
2005-07-26$87.01/sh−10,000$870,060→ 24,634.022 total - Exercise/Conversion
Employee Stock Options (Right to Buy)
2005-07-26−10,000→ 21,000 totalExercise: $40.50From: 2001-05-17Exp: 2010-05-17→ Common Stock (10,000 underlying)
Footnotes (3)
- [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 Units issued in lieu of dividends on the reporting person's Units on the issuer's second quarter dividend payment date.
- [F2]The options exercised were included in options granted on May 17, 2000.
- [F3]The number of derivative securities beneficially owned following the reported transaction includes options with varying exercise prices and vesting dates. Following the reported transaction the reporting person holds no more options that expire on May 17, 2010 with an exercise price of $40.50.
Documents
Issuer
AVALONBAY COMMUNITIES INC
CIK 0000915912
Entity typeother
Related Parties
1- filerCIK 0001219705
Filing Metadata
- Form type
- 4
- Filed
- Jul 25, 8:00 PM ET
- Accepted
- Jul 26, 6:30 PM ET
- Size
- 10.2 KB