Morris James Richard 4
4 · AVALONBAY COMMUNITIES INC · Filed Jun 13, 2011
Insider Transaction Report
Form 4
Morris James Richard
Senior Vice President
Transactions
- Sale
Common Stock, par value $.01 per share
2011-06-09$132.39/sh−5,794$767,068→ 25,152.62 total - Exercise/Conversion
Common Stock, par value $.01 per share
2011-06-09$86.40/sh+6,950$600,480→ 30,946.62 total - Exercise/Conversion
Stock Options (Right to Buy)
2011-06-09+6,950→ 0 totalExercise: $86.40From: 2009-02-11Exp: 2018-02-11→ Common Stock (6,950 underlying)
Footnotes (3)
- [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 included in options granted under the issuer's stock option and incentive plan on February 11, 2008 which became exercisable in three equal installments beginning on February 11, 2009.
- [F3]Following the reported transaction, the reporting person holds a total of 18,614 options to purchase the issuer's common stock granted on various dates and with varying exercise prices and vesting dates.