SEC Form 4 · accession 0001127602-16-055129
Avery Dennison Corp · AVY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ken C Hicks
Director
Period of report
Jun 7, 2016
Accepted (ET)
Jun 9, 2016 · 11:36 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 | 5,000 | $65.72 | A | 23,058 | D | |
| Common StockF1 | Jun 7, 2016 | S | 5,000 | $76.23 | D | 18,058 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2007 Director Stock OptionF2 | $65.72 | Jun 7, 2016 | M | 5,000 | D | Jul 25, 2008 | Jul 25, 2017 | Common Stock | 5,000 | 0 | D |
| Common Stock Units - DDECP | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 11,227 | 11,227 | I |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $76.23 to $76.24. 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 50% on the first and second anniversaries of the date of grant.