UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 AvalonBay Communities, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 053484101 (CUSIP Number) December 31, 2002 (Date of Event which Requires Filing of this Statement) ------------------------------------------------------------------------------- Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [] Rule 13d-1(b) [x] Rule 13d-1(c) [] Rule 13d-1(d) --------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: Stichting Pensioenfonds voor de Gezondheid, Geestelijke en Maatschappelijke Belangen S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 58-6192550 --------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [] (b) [] --------- --------------------------------------------------------------------- 3 SEC USE ONLY --------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION The Netherlands ---------------------- ------ ------------------------------------------------- 5 SOLE VOTING POWER Not Applicable ------ ------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF SHARES BENEFICIALLY Not Applicable OWNED BY EACH ------ ------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH Not Applicable ------ ------------------------------------------------- 8 SHARED DISPOSITIVE POWER Not Applicable --------- --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Not Applicable --------- --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* --------- --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 Not Applicable --------- --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 --------- --------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------------------------------------------------------- CUSIP No. 053484101 SCHEDULE 13G Page 3 of 6 ------------------------------------------------------------------------------- Item 1. (a) Name of Issuer AvalonBay Communities, Inc. (b) Address of Issuer's Principal Executive Offices 2900 Eisenhower Avenue, Suite 300 Alexandria, VA 22314 Item 2. (a) Name of Person Filing Stichting Pensioenfonds voor de Gezondheid, Geestelijke en Maatschappelijke Belangen (b) Address of Principal Business Office or, if none, Residence Kroostweg-Noord 149 P.O. Box 117 3700 AC Zeist The Netherlands (c) Citizenship The Netherlands (d) Title of Class of Securities Common Stock, $.01 par value per share (e) CUSIP Number 053484101 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [] Broker or Dealer registered under Section 15 of the Act (b) [] Bank as defined in Section 3(a)(6) of the Act (c) [] Insurance Company as defined in Section 3(a)(19) of the Act (d) [] Investment Company registered under Section 8 of the Investment Company Act ------------------------------------------------------------------------------- CUSIP No. 053484101 : SCHEDULE 13G : Page 4 of 6 ------------------------------------------------------------------------------- (e) [] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 (f) [] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see ss.240.13d-1(b)(1)(ii)(F) (g) [] Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G) (Note: See Item 7) (h) [] A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (i) [] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (j) [] Group, in accordance withss.240.13d-1(b)-1(ii)(J) Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities identified in Item 1. (a) Amount Beneficially Owned Not Applicable (b) Percent of Class Not Applicable (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote Not Applicable (ii) shared power to vote or to direct the vote Not Applicable (iii) sole power to dispose or to direct the disposition of Not Applicable (iv) shared power to dispose or to direct the disposition of Not Applicable ------------------------------------------------------------------------------- CUSIP No. 053484101 : SCHEDULE 13G : Page 5 of 6 ------------------------------------------------------------------------------- Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X]. Item 6. Ownership of More than Five Percent on Behalf of Another Person None Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable. Item 8. Identification and Classification of Members of the Group Not applicable. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. ------------------------------------------------------------------------------- CUSIP No. 053484101 : SCHEDULE 13G : Page 6 of 6 ------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct. Dated: January 17, 2003 Stichting Pensioenfonds voor de Gezondheid, Geestelijke en Maatschappelijke Belangen By /s/ Jan H.W.R. van der Vlist ---------------------------------------- Name: Jan H.W.R. van der Vlist Title: Director Structured Investments