SEC Form 4 · accession 0001127602-15-030542
Avery Dennison Corp · AVY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell R Butier
Officer — President and COO
Period of report
Nov 4, 2015
Accepted (ET)
Nov 6, 2015 · 12:36 pm EST
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 | Nov 4, 2015 | M | 24,343 | $39.32 | A | 70,878 | D | |
| Common StockF1 | Nov 4, 2015 | S | 24,343 | $64.76 | D | 46,535 | D | |
| Common Stock | Nov 4, 2015 | M | 12,363 | $59.465 | A | 58,898 | D | |
| Common StockF2 | Nov 4, 2015 | S | 12,363 | $64.63 | D | 46,535 | D | |
| Common Stock | Nov 5, 2015 | M | 40,800 | $39.32 | A | 87,335 | D | |
| Common StockF3 | Nov 5, 2015 | S | 40,800 | $64.91 | D | 46,535 | D | |
| Common Stock (Savings Plan) | holding | — | — | — | 3,600 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2011 Employee Stock OptionF4 | $39.32 | Nov 4, 2015 | M | 24,343 | D | Feb 24, 2012 | Feb 24, 2021 | Common Stock | 24,343 | 40,800 | D |
| 2005 Employee Stock Option | $59.465 | Nov 4, 2015 | M | 12,363 | D | Dec 1, 2006 | Dec 1, 2015 | Common Stock | 12,363 | 0 | D |
| 2011 Employee Stock OptionF4 | $39.32 | Nov 5, 2015 | M | 40,800 | D | Feb 24, 2012 | Feb 24, 2021 | Common Stock | 40,800 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $64.75 to $64.80. The price 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.
- F2This transaction was executed in multiple trades at prices ranging from $64.24 to $64.96. The price 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.
- F3This transaction was executed in multiple trades at prices ranging from $64.90 to $64.97. The price 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.
- F4Options are exercisable in cumulative installments of 25% on the first, second, third and fourth anniversary of the date of the grant.