GRAVANIS GEORGES 4

Accession 0001127602-19-009670

CIK 0000008818other

View on SEC.gov Company Profile

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 6:26 PM ET

Size

31.3 KB

Accession

0001127602-19-009670

Insider Transaction Report

Form 4

Period: 2019-02-28

Avery Dennison CorpAVY

GRAVANIS GEORGES

President, Materials Group

Transactions

Exercise/Conversion
Common Stock
2019-02-28$107.92/sh+1,899$204,940→ 18,779 total
Exercise/Conversion
Common Stock
2019-02-28$107.92/sh+14,390$1,552,969→ 32,481 total
Tax Payment
Common Stock
2019-02-28$107.92/sh−4,583$494,597→ 27,898 total
Exercise/Conversion
2016 MSU Award
2019-02-28−3,080→ 1,543 total
Exercise: $0.00From: 2017-02-25Exp: 2020-02-25→ Common Stock (3,080 underlying)
Exercise/Conversion
2018 MSU Award
2019-02-28−0→ 3,604 total
Exercise: $0.00From: 2019-02-22Exp: 2022-02-22→ Common Stock (0 underlying)
Exercise/Conversion
2016 PU Award
2019-02-28−14,390→ 0 total
Exercise: $0.00From: 2019-02-25Exp: 2019-02-25→ Common Stock (14,390 underlying)
Award
2019 MSU Award
2019-02-28+4,160→ 4,160 total
Exercise: $0.00From: 2020-02-28Exp: 2023-02-28→ Common Stock (4,160 underlying)
Exercise/Conversion
Common Stock
2019-02-28$107.92/sh+3,080$332,394→ 17,861 total
Exercise/Conversion
Common Stock
2019-02-28$107.29/sh+3,789$406,522→ 15,675 total
Tax Payment
Common Stock
2019-02-28$107.92/sh−894$96,480→ 14,781 total
Award
2019 PU Award
2019-02-28+5,254→ 5,254 total
Exercise: $0.00From: 2022-02-28Exp: 2022-02-28→ Common Stock (5,254 underlying)
Tax Payment
Common Stock
2019-02-28$107.92/sh−981$105,870→ 16,880 total
Tax Payment
Common Stock
2019-02-28$107.92/sh−688$74,249→ 18,091 total
Exercise/Conversion
2015 MSU Award
2019-02-28−3,789→ 0 total
Exercise: $0.00From: 2016-02-26Exp: 2019-02-28→ Common Stock (3,789 underlying)
Exercise/Conversion
2017 MSU Award
2019-02-28−1,899→ 2,669 total
Exercise: $0.00From: 2018-02-23Exp: 2021-02-23→ Common Stock (1,899 underlying)

Footnotes (7)

[F1]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.
[F2]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.
[F3]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.
[F4]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.
[F5]Shares reflect the vesting of performance units granted in February 2016 at 200% of target, 75% based on LGM's cumulative economic value added and 25% on our relative total stockholder return.
[F6]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.
[F7]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

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Entity typeother

Related Parties

filerCIK 0001640508

Filing Metadata

Form type: 4
Filed: Mar 3, 7:00 PM ET
Accepted: Mar 4, 6:26 PM ET
Size: 31.3 KB

View on SEC.gov