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