0001127602-21-008906.txt : 20210302 0001127602-21-008906.hdr.sgml : 20210302 20210302185734 ACCESSION NUMBER: 0001127602-21-008906 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210227 FILED AS OF DATE: 20210302 DATE AS OF CHANGE: 20210302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Walker Ignacio J CENTRAL INDEX KEY: 0001823327 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07685 FILM NUMBER: 21706029 MAIL ADDRESS: STREET 1: 207 GOODE AVE 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: 0102 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 2021-02-27 0000008818 Avery Dennison Corp AVY 0001823327 Walker Ignacio J 207 GOODE AVE GLENDALE CA 91203 1 VP and Chief Legal Officer Common Stock 2021-02-27 4 M 0 1028 177.45 A 3401 D Common Stock 2021-02-27 4 F 0 445 177.45 D 2956 D Common Stock 2021-02-27 4 M 0 588 177.45 A 3544 D Common Stock 2021-02-27 4 F 0 264 177.45 D 3280 D Common Stock 2021-02-27 4 M 0 694 177.45 A 3974 D Common Stock 2021-02-27 4 F 0 312 177.45 D 3662 D Common Stock 2021-02-27 4 M 0 472 177.45 A 4134 D Common Stock 2021-02-27 4 F 0 212 177.45 D 3922 D Common Stock 2021-02-27 4 M 0 2284 177.45 A 6206 D Common Stock 2021-02-27 4 F 0 1025 177.45 D 5181 D Common Stock (Savings Plan) 538.9435 I Savings Plan 2017 MSU Award 0 2021-02-27 4 M 0 1028 0 D 2018-02-23 2021-02-27 Common Stock 1028 0 D 2018 MSU Award 0 2021-02-27 4 M 0 588 0 D 2019-02-22 2022-02-22 Common Stock 588 381 D 2019 MSU Award 0 2021-02-27 4 M 0 694 0 D 2020-02-28 2023-02-28 Common Stock 694 679 D 2020 MSU Award 0 2021-02-27 4 M 0 472 0 D 2021-02-27 2024-02-27 Common Stock 472 1161 D 2018 PU Award 0 2021-02-27 4 M 0 2284 0 D 2021-02-22 2021-02-27 Common Stock 2284 0 D 2021 MSU Award 0 2021-03-01 4 A 0 1152 0 A 2022-03-01 2025-03-01 Common Stock 1152 1152 D 2021 PU Award 0 2021-03-01 4 A 0 1269 0 A 2024-03-01 2024-03-01 Common Stock 1269 1269 D Shares reflect the vesting of the fourth 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 2017-2020 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 2018 at 146% of target based on our absolute total stockholder return in excess of 10% during the 2018-2020 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 2019 at 197% of target based on our absolute total stockholder return in excess of 10% during the 2019-2020 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 2020 at 120% of target based on our absolute total stockholder return in excess of 10% during the 2020 performance period, plus dividend equivalents accrued during the period. Shares reflect the vesting of performance units granted in February 2018 at 147% of target, based 50% on our cumulative economic value added and 50% on our relative 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 our 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 2023, provided the designated performance objectives are met as determined by the Compensation Committee in February 2024. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock. /s/ Maribel Cabrera POA for Ignacio J Walker 2021-03-02