SEC Form 4 · accession 0001127602-19-010538
Avery Dennison Corp · AVY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean A Scarborough
Director
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 2:25 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 | Mar 6, 2019 | M | 50,000 | $30.50 | A | 51,183 | D | |
| Common StockF1 | Mar 6, 2019 | S | 50,000 | $108.18 | D | 1,183 | D | |
| Common Stock | Mar 7, 2019 | M | 33,273 | $30.50 | A | 34,456 | D | |
| Common StockF2 | Mar 7, 2019 | S | 33,273 | $107.03 | D | 1,183 | D | |
| Common Stock | holding | — | — | — | 20 | I | By Son | |
| Common Stock | holding | — | — | — | 148 | I | Owned By Spouse | |
| Common Stock (Savings Plan) | holding | — | — | — | 44,588 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 Employee Stock OptionF3 | $30.50 | Mar 6, 2019 | M | 50,000 | D | Feb 23, 2013 | Feb 23, 2022 | Common Stock | 50,000 | 33,273 | D |
| 2012 Employee Stock OptionF3 | $30.50 | Mar 7, 2019 | M | 33,273 | D | Feb 23, 2013 | Feb 23, 2022 | Common Stock | 33,273 | 0 | D |
| Common Stock Units | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 2,730 | 2,730 | I |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $107.83 to $108.99. 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 $106.53 to $107.92. 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.
- F3Stock options vest in cumulative installments of 25% on the first, second, third and fourth anniversary of the date of the grant.