SEC Form 4 · accession 0001127602-15-015981
Avery Dennison Corp · AVY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley A Alford
Director
Period of report
Dec 1, 2014
Accepted (ET)
May 4, 2015 · 3:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008818
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 1, 2015 | M | 1,015 | $55.84 | A | 6,079 | D | |
| Common Stock | May 1, 2015 | M | 859 | $55.84 | A | 6,938 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 Director RSU AwardF1 | $0.00 | May 1, 2015 | M | 1,015 | D | May 1, 2014 | May 1, 2016 | Common Stock | 1,015 | 1,015 | D |
| 2014 Director Rsu AwardF2 | $0.00 | May 1, 2015 | M | 859 | D | May 1, 2015 | May 1, 2017 | Common Stock | 859 | 1,718 | D |
| 2015 Director RSU AwardF3 | $0.00 | May 1, 2015 | A | 2,239 | A | May 1, 2016 | May 1, 2018 | Common Stock | 2,239 | 2,239 | D |
| Common Stock Units - DDECPF4 | $0.00 | Dec 1, 2014 | A | 916 | A | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 916 | 11,317 | I |
Explanation of responses
- F1Shares reflect the vesting of the second tranche of restricted stock units granted on May 1, 2013.
- F2Shares reflect the vesting of the first tranche of restricted stock units granted on May 1, 2014.
- F3The restricted stock units vest in three cumulative installments of one-third on the first, second and third anniversaries of the date of the grant. Each restricted stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.
- F4Stock units were acquired by the reporting person pursuant to the Avery Dennison Corporation Non-Employee Director Deferred Equity Compensation Program (DDECP) in a transaction exempt under Rules 16a-11 and 16b-3(d).