SEC Form 4 · accession 0001127602-16-055127
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
Jun 7, 2016
Accepted (ET)
Jun 9, 2016 · 11:26 am 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 | Jun 7, 2016 | M | 30,000 | $65.38 | A | 77,847 | D | |
| Common StockF1 | Jun 7, 2016 | S | 30,000 | $76.25 | D | 47,847 | D | |
| Common Stock (Savings Plan) | holding | — | — | — | 2,660 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2007 Employee Stock OptionF2 | $65.38 | Jun 7, 2016 | M | 30,000 | D | Jun 1, 2008 | Jun 1, 2017 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $75.96 to $76.45. 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 equal installments on the first, second, third and fourth anniversaries of the grant date.