Filing Details
- Accession Number:
- 0001127602-24-008700
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-05 18:35:11
- Reporting Period:
- 2024-03-01
- Accepted Time:
- 2024-03-05 18:35:11
- 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 |
|---|---|---|---|---|---|---|---|
| 1392133 | R Mitchell Butier | 8080 Norton Parkway Mentor OH 44060 | Executive Chairman | Yes | 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 | 2024-03-01 | 10,482 | $216.45 | 314,596 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-01 | 6,011 | $216.45 | 308,585 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2024-03-01 | 5,702 | $216.45 | 314,287 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-01 | 3,271 | $216.45 | 311,016 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2024-03-01 | 6,022 | $216.45 | 317,038 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-01 | 3,454 | $216.45 | 313,584 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2024-03-01 | 5,440 | $216.45 | 319,024 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-01 | 3,120 | $216.45 | 315,904 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2024-03-01 | 32,243 | $216.45 | 348,147 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-01 | 18,492 | $216.45 | 329,655 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2024-03-04 | 547 | $218.72 | 329,108 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-04 | 7,621 | $217.26 | 321,487 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-05 | 7,333 | $215.69 | 314,154 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-05 | 9,240 | $217.13 | 304,914 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-05 | 800 | $217.63 | 304,114 | 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 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | 2020 MSU Award | Disposition | 2024-03-01 | 10,482 | $0.00 | 10,482 | $0.00 |
| Common Stock | 2021 MSU Award | Disposition | 2024-03-01 | 5,702 | $0.00 | 5,702 | $0.00 |
| Common Stock | 2022 MSU Award | Disposition | 2024-03-01 | 6,022 | $0.00 | 6,022 | $0.00 |
| Common Stock | 2023 MSU Award | Disposition | 2024-03-01 | 5,440 | $0.00 | 5,440 | $0.00 |
| Common Stock | 2021 PU Award | Disposition | 2024-03-01 | 32,243 | $0.00 | 32,243 | $0.00 |
| Common Stock | 2024 RSU Award | Acquisiton | 2024-03-01 | 23,101 | $0.00 | 23,101 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2021-02-27 | 2024-03-01 | No | 4 | M | Direct |
| 4,061 | 2022-03-01 | 2025-03-01 | No | 4 | M | Direct |
| 12,377 | 2023-03-01 | 2026-03-01 | No | 4 | M | Direct |
| 16,362 | 2024-03-01 | 2027-03-01 | No | 4 | M | Direct |
| 0 | 2024-03-01 | 2024-03-01 | No | 4 | M | Direct |
| 23,101 | 2025-03-01 | 2025-03-01 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock (Savings Plan) | 4,148 | Indirect | Savings Plan |
Footnotes
- Transaction executed in multiple trades at prices ranging from $218.500 - 219.040. The price reported 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.
- Transaction executed in multiple trades at prices ranging from $217.000 - 217.860. The price reported 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.
- Transaction executed in multiple trades at prices ranging from $215.500 - 216.445. The price reported 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.
- Transaction executed in multiple trades at prices ranging from $216.530 - 217.500. The price reported 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.
- Transaction executed in multiple trades at prices ranging from $217.555 - 217.670. The price reported 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.
- Shares reflect the vesting of the fourth tranche of MSUs granted in February 2020 at 180% of target based on our absolute total stockholder return in excess of 10% during the 2020-2023 performance period, plus dividend equivalents accrued during the period.
- Shares reflect the vesting of the third tranche of MSUs granted in March 2021 at 134% of target based on our absolute total stockholder return in excess of 10% during the 2021-2023 performance period, plus dividend equivalents accrued during the period.
- Shares reflect the vesting of the second tranche of MSUs granted in March 2022 at 94% of target based on our absolute total stockholder return during the 2022-2023 performance period, plus dividend equivalents accrued during the period.
- Shares reflect the vesting of the first tranche of MSUs granted in March 2023 at 98% of target based on our absolute total stockholder return during the 2023 performance period, plus dividend equivalents accrued during the period.
- Shares reflect the vesting of PUs granted in March 2021 at 183% of target, based 50% on our cumulative economic value added and 50% on our relative total stockholder return.
- Restricted stock units (RSUs) cliff vest on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of common stock.
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