SEC Form 4 · accession 0001127602-16-068996
Avery Dennison Corp · AVY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell R Butier
Officer — President and CEO · Director
Period of report
Dec 1, 2016
Accepted (ET)
Dec 2, 2016 · 4:55 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 | Dec 1, 2016 | M | 15,232 | $71.42 | A | 85,979 | D | |
| Common Stock | Dec 1, 2016 | F | 7,949 | $71.42 | D | 78,030 | D | |
| Common Stock (Savings Plan) | holding | — | — | — | 3,667 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 RSU AwardF1 | $0.00 | Dec 1, 2016 | M | 15,232 | D | Mar 2, 2015 | Mar 2, 2018 | Common Stock | 15,232 | 3,809 | D |
Explanation of responses
- F1The restricted stock units vest in three cumulative installments, 50% on the grant date, 40% on December 1, 2016 and 10% on the three-year anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.