SEC Form 4 · accession 0001127602-17-009256
Avery Dennison Corp · AVY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Siewert
Director
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 4:19 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 | Feb 27, 2017 | M | 6,318 | $31.87 | A | 25,331 | D | |
| Common StockF1 | Feb 27, 2017 | S | 6,318 | $80.471 | D | 19,013 | D | |
| Common Stock | Feb 27, 2017 | M | 4,664 | $42.725 | A | 23,677 | D | |
| Common StockF2 | Feb 27, 2017 | S | 4,664 | $80.65 | D | 19,013 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 Director Stock OptionF3 | $31.87 | Feb 27, 2017 | M | 6,318 | D | Apr 26, 2013 | Apr 26, 2022 | Common Stock | 6,318 | 0 | D |
| 2011 Director Stock OptionF3 | $42.725 | Feb 27, 2017 | M | 4,664 | D | Apr 28, 2012 | Apr 28, 2021 | Common Stock | 4,664 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $80.28 to $80.70. 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 this issuer the 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 $80.54 to $80.73. 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 this issuer the full information regarding the number of shares and prices at which the transaction was effected.
- F3Options are exercisable in two cumulative installments of 50% each year beginning on the first anniversary of the grant date.