SEC Form 4 · accession 0001127602-17-032982
Avery Dennison Corp · AVY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lori J Bondar
Officer — VP, Controller and CAO
Period of report
Nov 20, 2017
Accepted (ET)
Nov 21, 2017 · 4:05 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 | Nov 20, 2017 | M | 10,855 | $20.64 | A | 18,556 | D | |
| Common StockF1 | Nov 20, 2017 | S | 10,855 | $110.88 | D | 7,701 | D | |
| By Spouse | holding | — | — | — | 2,000 | I | By Spouse | |
| Common Stock (Savings Plan) | holding | — | — | — | 1,382 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2009 Employee Stock OptionF2 | $20.64 | Nov 20, 2017 | M | 10,855 | D | Feb 26, 2010 | Feb 26, 2019 | Common Stock | 10,855 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $110.62 to $111.27. 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.
- F2Options are exercisable in four cumulative installments of 25% each year beginning on the first anniversary date of the grant.