SEC Form 4 · accession 0001127602-16-060013
Avery Dennison Corp · AVY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean A Scarborough
Officer — Executive Chairman · Director
Period of report
Aug 8, 2016
Accepted (ET)
Aug 10, 2016 · 4:30 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 | Aug 8, 2016 | M | 25,000 | $31.665 | A | 156,066 | D | |
| Common StockF1 | Aug 8, 2016 | S | 25,000 | $78.36 | D | 131,066 | D | |
| Common Stock | Aug 9, 2016 | M | 25,000 | $31.665 | A | 156,066 | D | |
| Common StockF2 | Aug 9, 2016 | S | 25,000 | $78.64 | D | 131,066 | D | |
| Common Stock | holding | — | — | — | 20 | I | By Son | |
| Common Stock | holding | — | — | — | 148 | I | Owned By Spouse | |
| Common Stock (Savings Plan) | holding | — | — | — | 41,837 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2010 Employee Stock OptionF3 | $31.665 | Aug 8, 2016 | M | 25,000 | D | Feb 26, 2011 | Feb 26, 2020 | Common Stock | 25,000 | 175,000 | D |
| 2010 Employee Stock OptionF3 | $31.665 | Aug 9, 2016 | M | 25,000 | D | Feb 26, 2011 | Feb 26, 2020 | Common Stock | 25,000 | 150,000 | D |
| Common Stock Units | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 3,219 | 3,219 | I |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $78.08 to $78.56. 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 $78.48 to $78.93. 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.
- F3Options are exercisable in four cumulative installments of 25% each year beginning on the first anniversary date of the grant, which is the date given .