SEC Form 4 · accession 0001127602-16-059020
Avery Dennison Corp · AVY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Georges Gravanis
Officer — President, Materials Group
Period of report
Jul 28, 2016
Accepted (ET)
Aug 1, 2016 · 12:51 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 | Jul 28, 2016 | M | 5,100 | $30.50 | A | 28,924 | D | |
| Common StockF1 | Jul 28, 2016 | S | 5,100 | $77.77 | D | 23,824 | D | |
| Common Stock | Jul 28, 2016 | M | 12,317 | $67.795 | A | 36,141 | D | |
| Common StockF2 | Jul 28, 2016 | S | 12,317 | $77.85 | D | 23,824 | D | |
| Common StockF3 | Jul 28, 2016 | S | 21,700 | $77.62 | D | 2,124 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2006 Employee Stock OptionF4 | $67.80 | Jul 28, 2016 | M | 12,317 | D | Dec 7, 2010 | Dec 7, 2016 | Common Stock | 12,317 | 0 | D |
| 2012 Employee Stock OptionF5 | $30.50 | Jul 28, 2016 | M | 5,100 | D | Feb 23, 2013 | Feb 23, 2022 | Common Stock | 5,100 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $77.75 to $77.80. 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 $77.82 to $77.93. 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 $77.55 to $77.79. 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.
- F4The stock options vest 100% on the four-year anniversary of the grant date.
- F5The stock options vest in four cumulative installments of 25% each year beginning on the first anniversary of the date of grant.