AVALONBAY COMMUNITIES INC 4
4 · AVALONBAY COMMUNITIES INC · Filed Aug 24, 2009
Insider Transaction Report
Form 4
MEYER GILBERT M
Director
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2009-08-21−22,828→ 0 totalExercise: $32.74From: 2001-02-28Exp: 2010-02-28→ Common Stock (22,828 underlying) - Exercise/Conversion
Common Stock, par value $.01 per share
2009-08-21$32.74/sh+22,828$747,389→ 1,224,993.259 total - Exercise/Conversion
Common Stock, par value $.01 per share
2009-08-21$43.03/sh+2,172$93,461→ 1,227,165.259 total - Sale
Common Stock, par value $.01 per share
2009-08-21$64.99/sh−25,000$1,624,750→ 1,202,165.259 total - Exercise/Conversion
Stock Options (Right to Buy)
2009-08-21−2,172→ 5,043 totalExercise: $43.03From: 2002-05-15Exp: 2011-05-15→ Common Stock (2,172 underlying)
Footnotes (4)
- [F1]The amount of securities owned following the reported transaction reflects direct ownership of all shares of common stock, including Deferred Units, which convert to common stock on a one for one basis when the reporting person ceases to be an employee or director of the issuer.
- [F2]The options exercised were included in options granted under the issuer's stock option and incentive plan on February 28, 2000 which became exercisable in three equal installments beginning on February 28, 2001.
- [F3]The options exercised were included in options granted under the issuer's stock option and incentive plan on May 15, 2001 which became exercisable in three equal installments beginning on May 15, 2002.
- [F4]Following the reported transactions, the reporting person holds 19,473 options to purchase the issuer's common stock granted on various dates and with varying exercise prices and vesting dates.