Filing Details

Accession Number:
0001127602-19-009671
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-04 18:28:04
Reporting Period:
2019-02-28
Accepted Time:
2019-03-04 18:28:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
8818 Avery Dennison Corp AVY Converted Paper & Paperboard Prods (No Contaners/Boxes) (2670) 951492269
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1428521 C Susan Miller 207 Goode Avenue
Glendale CA 91203
Senior Vp, Gen Counsel & Secty No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-02-28 5,593 $107.92 19,002 No 4 M Direct
Common Stock Disposition 2019-02-28 2,783 $107.92 16,219 No 4 F Direct
Common Stock Acquisiton 2019-02-28 3,180 $107.92 19,399 No 4 M Direct
Common Stock Disposition 2019-02-28 1,577 $107.92 17,822 No 4 F Direct
Common Stock Acquisiton 2019-02-28 1,863 $107.92 19,685 No 4 M Direct
Common Stock Disposition 2019-02-28 924 $107.92 18,761 No 4 F Direct
Common Stock Acquisiton 2019-02-28 14,852 $107.92 33,613 No 4 M Direct
Common Stock Disposition 2019-02-28 7,364 $107.92 26,249 No 4 F Direct
Common Stock Disposition 2019-02-28 12,840 $108.88 13,409 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 2015 MSU Award Disposition 2019-02-28 5,593 $0.00 5,593 $0.00
Common Stock 2016 MSU Award Disposition 2019-02-28 3,180 $0.00 3,180 $0.00
Common Stock 2017 MSU Award Disposition 2019-02-28 1,863 $0.00 1,863 $0.00
Common Stock 2018 MSU Award Disposition 2019-02-28 0 $0.00 0 $0.00
Common Stock 2016 PU Award Disposition 2019-02-28 14,852 $0.00 14,852 $0.00
Common Stock 2019 MSU Award Acquisiton 2019-02-28 3,737 $0.00 3,737 $0.00
Common Stock 2019 PU Award Acquisiton 2019-02-28 4,545 $0.00 4,545 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-02-26 2019-02-28 No 4 M Direct
1,593 2017-02-25 2020-02-25 No 4 M Direct
2,618 2018-02-23 2021-02-23 No 4 M Direct
3,140 2019-02-22 2022-02-22 No 4 M Direct
0 2019-02-25 2019-02-25 No 4 M Direct
3,737 2020-02-28 2023-02-28 No 4 A Direct
4,545 2022-02-28 2022-02-28 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 16,427 Indirect EVDRP
Common Stock (Savings Plan) 698 Indirect Savings Plan
Footnotes
  1. Transaction occurred pursuant to a Rule 10b5-1 Trading Plan established prior to the trade date.
  2. Shares reflect the vesting of the fourth tranche of market-leveraged stock units granted in February 2015 at 200% of target based on our absolute total stockholder return in excess of 10% during the 2015-2018 performance period, plus dividend equivalents accrued during the period.
  3. Shares reflect the vesting of the third tranche of market-leveraged stock units granted in February 2016 at 188% of target based on our absolute total stockholder return in excess of 10% during the 2016-2018 performance period, plus dividend equivalents accrued during the period.
  4. Shares reflect the vesting of the second tranche of market-leveraged stock units granted in February 2017 at 137% of target based on our absolute total stockholder return in excess of 10% during the 2017-2018 performance period, plus dividend equivalents accrued during the period.
  5. The first tranche of market-leveraged stock units granted in February 2018 were cancelled since the threshold level of performance was not achieved based on our absolute total stockholder return during the 2018 performance period.
  6. Shares reflect the vesting of performance units granted in February 2016 at 200% of target, 50% based on our company's cumulative economic value added and 50% on our relative total stockholder return.
  7. Market-leveraged stock units vest 25% over one-, two-, three- and four-year performance periods, with the number of shares paid on each vesting date based on the percentage change in the Company's stock price, plus dividend equivalents accrued during the vesting period. Each market-leveraged stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock, plus dividend equivalents.
  8. Performance units vest, if at all, at the end of fiscal year 2021, provided certain performance objectives are met as determined by the Compensation Committee in February 2022. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.