0001127602-20-008635.txt : 20200302
0001127602-20-008635.hdr.sgml : 20200302
20200302171404
ACCESSION NUMBER: 0001127602-20-008635
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200227
FILED AS OF DATE: 20200302
DATE AS OF CHANGE: 20200302
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lovins Gregory
CENTRAL INDEX KEY: 0001701552
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07685
FILM NUMBER: 20678203
MAIL ADDRESS:
STREET 1: 207 GOODE AVENUE
CITY: GLENDALE
STATE: CA
ZIP: 91203
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Avery Dennison Corp
CENTRAL INDEX KEY: 0000008818
STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670]
IRS NUMBER: 951492269
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1228
BUSINESS ADDRESS:
STREET 1: 207 GOODE AVENUE
CITY: GLENDALE
STATE: CA
ZIP: 91203
BUSINESS PHONE: 626.304.2000
MAIL ADDRESS:
STREET 1: 207 GOODE AVENUE
CITY: GLENDALE
STATE: CA
ZIP: 91203
FORMER COMPANY:
FORMER CONFORMED NAME: AVERY DENNISON CORPORATION
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: AVERY INTERNATIONAL CORP
DATE OF NAME CHANGE: 19901030
FORMER COMPANY:
FORMER CONFORMED NAME: AVERY PRODUCTS CORP
DATE OF NAME CHANGE: 19760518
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2020-02-27
0000008818
Avery Dennison Corp
AVY
0001701552
Lovins Gregory
207 GOODE AVENUE
GLENDALE
CA
91203
1
SVP and CFO
Common Stock
2020-02-27
4
M
0
1786
117.73
A
23913
D
Common Stock
2020-02-27
4
F
0
540
117.73
D
23373
D
Common Stock
2020-02-27
4
M
0
1432
117.73
A
24805
D
Common Stock
2020-02-27
4
F
0
428
117.73
D
24377
D
Common Stock
2020-02-27
4
M
0
1286
117.73
A
25663
D
Common Stock
2020-02-27
4
F
0
384
117.73
D
25279
D
Common Stock
2020-02-27
4
M
0
2068
117.73
A
27347
D
Common Stock
2020-02-27
4
F
0
618
117.73
D
26729
D
Common Stock
2020-02-27
4
M
0
6228
117.73
A
32957
D
Common Stock
2020-02-27
4
F
0
2520
117.73
D
30437
D
Common Stock (Savings Plan)
2021.9706
I
Savings Plan
2016 MSU Award
0
2020-02-27
4
M
0
1786
0
D
2017-02-23
2020-02-27
Common Stock
1786
0
D
2017 MSU Award
0
2020-02-27
4
M
0
1432
0
D
2018-02-22
2021-02-25
Common Stock
1432
677
D
2018 MSU Award
0
2020-02-27
4
M
0
1286
0
D
2019-02-22
2022-02-22
Common Stock
1286
2336
D
2019 MSU Award
0
2020-02-27
4
M
0
2068
0
D
2020-02-28
2023-02-28
Common Stock
2068
4141
D
2017 PU Award
0
2020-02-27
4
M
0
6228
0
D
2020-02-27
2020-02-27
Common Stock
6228
0
D
2020 MSU Award
0
2020-02-27
4
A
0
6283
0
A
2021-02-27
2024-02-27
Common Stock
6283
6283
D
2020 PU Award
0
2020-02-27
4
A
0
5480
0
A
2023-02-27
2023-02-27
Common Stock
5480
5480
D
Shares reflect the vesting of the fourth tranche of market-leveraged stock units granted in February 2016 at 200% of target based on our absolute total stockholder return in excess of 10% during the 2016-2019 performance period, plus dividend equivalents accrued during the period.
Shares reflect the vesting of the third tranche of market-leveraged stock units granted in February 2017 at 200% of target based on our absolute total stockholder return in excess of 10% during the 2017-2019 performance period, plus dividend equivalents accrued during the period.
Shares reflect the vesting of the second tranche of market-leveraged stock units granted in February 2018 at 106% of target based on our absolute total stockholder return in excess of 10% during the 2018-2019 performance period, plus dividend equivalents accrued during the period.
Shares reflect the vesting of the first tranche of market-leveraged stock units granted in February 2019 at 147% of target based on our absolute total stockholder return in excess of 10% during the 2019 performance period, plus dividend equivalents accrued during the period.
Shares reflect the vesting of performance units granted in February 2017 at 200% of target, based 50% on our cumulative economic value added and 50% on our relative total stockholder return.
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 Company's absolute total stockholder return, 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.
Performance units vest, if at all, at the end of fiscal year 2022, provided the designated performance objectives are met as determined by the Compensation Committee in February 2023. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.
/s/ Vikas Arora POA for Gregory Lovins
2020-03-02