SEC Form 4 · accession 0001127602-16-045026
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
Mar 3, 2016
Accepted (ET)
Mar 4, 2016 · 1:24 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 | Mar 3, 2016 | M | 37,021 | $30.50 | A | 84,868 | D | |
| Common StockF1 | Mar 3, 2016 | S | 37,021 | $67.50 | D | 47,847 | D | |
| Common Stock (Savings Plan) | holding | — | — | — | 2,649 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 Employee Stock OptionF2 | $30.50 | Mar 3, 2016 | M | 37,021 | D | Feb 23, 2013 | Feb 23, 2022 | Common Stock | 37,021 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $67.18 to $67.79. 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.
- F2Stock options vest in cumulative installments of 25% on the first, second, third and fourth anniversary of the date of the grant.