AvalonBay Communities 8-K 2010
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 19, 2010
AVALONBAY COMMUNITIES, INC.
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code (703) 329-6300
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.07 Submission of Matters to a Vote of Security Holders.
AvalonBay Communities, Inc. (the Company) held its Annual Meeting of Stockholders on May 19, 2010. Proxies were solicited pursuant to the Companys proxy statement filed on March 31, 2010 with the Securities and Exchange Commission under Section 14(a) of the Securities Exchange Act of 1934. There was no solicitation in opposition to the Companys solicitation. At the meeting, holders of the Companys common stock were asked (1) to elect eight directors to serve until the 2011 Annual Meeting of Stockholders and until their successors are elected and qualified and (2) to ratify the appointment of Ernst & Young LLP as the Companys independent auditors for the fiscal year ended December 31, 2010. Each share of common stock was entitled to one vote with respect to matters submitted to a vote of the Companys stockholders, and the voting results reported below are final.
Each of the Companys nominees for director as listed in the proxy statement was re-elected as shown in the table below. There were no votes abstained with respect to any director nominee. There were 2,482,441 broker non-votes with respect to Proposal 1.
Stockholders also ratified the selection of Ernst & Young LLP as the Companys independent auditors for fiscal year 2010. 69,577,477 votes were cast in favor of ratifying the selection of Ernst & Young LLP, 1,579,409 votes were cast against, and 97,076 votes abstained. There were no broker non-votes and no votes witheld with respect to Proposal 2.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.