Arlington-based apartment developer, AvalonBay Communities (NYSE:AVB), Executive Vice President of Operations, made the following stock transaction on February 13, 2012.
Leo S. Horey, III disposed of 12,614 shares of Common Stock at a par value $.01 per share. The shares had an average price of $135.2517, for a total of $1,706,064.94 under code S (Open market or private sale of non-derivative or derivative security). 65,718.7376direct and beneficially owned shares remained February 13, 2012.