SEC Form 4 · accession 0001127602-15-016953
Avery Dennison Corp · AVY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anne Hill
Officer — Sr. VP & Chief HR Officer
Period of report
May 11, 2015
Accepted (ET)
May 12, 2015 · 2:47 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 11, 2015 | M | 56,663 | $31.665 | A | 85,879 | D | |
| Common StockF1 | May 11, 2015 | S | 56,663 | $58.63 | D | 29,216 | D | |
| Common Stock (Savings Plan) | holding | — | — | — | 2,607 | I | Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $31.665 | May 11, 2015 | M | 56,663 | D | Feb 26, 2011 | Feb 26, 2020 | Common Stock | 56,663 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $58.38 to $58.91. The prices reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Options are exercisable in four cumulative installments of 25% each year beginning on the first anniversary date of the grant, which is the date given .