Hill Anne 4

Accession 0001127602-19-009412

CIK 0000008818other

View on SEC.gov Company Profile

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 2:01 PM ET

Size

34.1 KB

Accession

0001127602-19-009412

Insider Transaction Report

Form 4

Period: 2019-02-28

Avery Dennison CorpAVY

Hill Anne

Sr. VP & Chief HR Officer

Transactions

Exercise/Conversion
Common Stock
2019-02-28$107.92/sh+3,088$333,257→ 42,593 total
Tax Payment
Common Stock
2019-02-28$107.92/sh−7,154$772,060→ 49,247 total
Exercise/Conversion
2015 MSU Award
2019-02-28−6,422→ 0 total
Exercise: $0.00From: 2016-02-26Exp: 2019-02-28→ Common Stock (6,422 underlying)
Exercise/Conversion
2016 MSU Award
2019-02-28−3,088→ 1,547 total
Exercise: $0.00From: 2017-02-25Exp: 2020-02-25→ Common Stock (3,088 underlying)
Tax Payment
Common Stock
2019-02-28$107.92/sh−3,197$345,020→ 39,505 total
Tax Payment
Common Stock
2019-02-28$107.92/sh−1,532$165,333→ 41,061 total
Sale
Common Stock
2019-02-28$108.68/sh−12,967$1,409,254→ 36,280 total
Exercise/Conversion
Common Stock
2019-02-28$107.92/sh+6,422$693,062→ 42,702 total
Exercise/Conversion
Common Stock
2019-02-28$107.92/sh+1,809$195,227→ 42,870 total
Exercise/Conversion
Common Stock
2019-02-28$107.92/sh+14,428$1,557,070→ 56,401 total
Exercise/Conversion
2016 PU Award
2019-02-28−14,428→ 0 total
Exercise: $0.00From: 2019-02-25Exp: 2019-02-25→ Common Stock (14,428 underlying)
Award
2019 MSU Award
2019-02-28+3,525→ 3,525 total
Exercise: $0.00From: 2020-02-28Exp: 2023-02-28→ Common Stock (3,525 underlying)
Tax Payment
Common Stock
2019-02-28$107.92/sh−897$96,804→ 41,973 total
Exercise/Conversion
2017 MSU Award
2019-02-28−1,809→ 2,543 total
Exercise: $0.00From: 2018-02-23Exp: 2021-02-23→ Common Stock (1,809 underlying)
Exercise/Conversion
2018 MSU Award
2019-02-28−0→ 3,050 total
Exercise: $0.00From: 2019-02-22Exp: 2022-02-22→ Common Stock (0 underlying)
Award
2019 PU Award
2019-02-28+4,287→ 4,287 total
Exercise: $0.00From: 2022-02-28Exp: 2022-02-28→ Common Stock (4,287 underlying)

Holdings

Common Stock (Savings Plan)
(indirect: Savings Plan)
2,799.431

Footnotes (9)

[F1]Transaction occurred pursuant to a Rule 10b5-1 Trading Plan established prior to the trade date.
[F2]This transaction was executed in multiple trades at prices ranging from $108.15 to $108.88. 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.
[F3]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.
[F4]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.
[F5]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.
[F6]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.
[F7]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.
[F8]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.
[F9]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.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT

Issuer

Avery Dennison Corp

CIK 0000008818

→

Entity typeother

Related Parties

filerCIK 0001307888

Filing Metadata

Form type: 4
Filed: Mar 3, 7:00 PM ET
Accepted: Mar 4, 2:01 PM ET
Size: 34.1 KB

View on SEC.gov