0001127602-24-008700.txt : 20240305
0001127602-24-008700.hdr.sgml : 20240305
20240305183511
ACCESSION NUMBER: 0001127602-24-008700
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240301
FILED AS OF DATE: 20240305
DATE AS OF CHANGE: 20240305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Butier Mitchell R
CENTRAL INDEX KEY: 0001392133
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07685
FILM NUMBER: 24723218
MAIL ADDRESS:
STREET 1: 150 N. ORANGE GROVE BLVD.
CITY: PASADENA
STATE: CA
ZIP: 91103
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Avery Dennison Corp
CENTRAL INDEX KEY: 0000008818
STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 951492269
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1228
BUSINESS ADDRESS:
STREET 1: 8080 NORTON PARKWAY
CITY: MENTOR
STATE: OH
ZIP: 44060
BUSINESS PHONE: 440-534-6000
MAIL ADDRESS:
STREET 1: 8080 NORTON PARKWAY
CITY: MENTOR
STATE: OH
ZIP: 44060
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
X0508
4
2024-03-01
0000008818
Avery Dennison Corp
AVY
0001392133
Butier Mitchell R
8080 NORTON PARKWAY
MENTOR
OH
44060
1
1
Executive Chairman
0
Common Stock (Savings Plan)
4148.301
I
Savings Plan
Common Stock
2024-03-01
4
M
0
10482
216.45
A
314596
D
Common Stock
2024-03-01
4
F
0
6011
216.45
D
308585
D
Common Stock
2024-03-01
4
M
0
5702
216.45
A
314287
D
Common Stock
2024-03-01
4
F
0
3271
216.45
D
311016
D
Common Stock
2024-03-01
4
M
0
6022
216.45
A
317038
D
Common Stock
2024-03-01
4
F
0
3454
216.45
D
313584
D
Common Stock
2024-03-01
4
M
0
5440
216.45
A
319024
D
Common Stock
2024-03-01
4
F
0
3120
216.45
D
315904
D
Common Stock
2024-03-01
4
M
0
32243
216.45
A
348147
D
Common Stock
2024-03-01
4
F
0
18492
216.45
D
329655
D
Common Stock
2024-03-04
4
S
0
547
218.7219
D
329108
D
Common Stock
2024-03-04
4
S
0
7621
217.259
D
321487
D
Common Stock
2024-03-05
4
S
0
7333
215.6874
D
314154
D
Common Stock
2024-03-05
4
S
0
9240
217.1294
D
304914
D
Common Stock
2024-03-05
4
S
0
800
217.6319
D
304114
D
2020 MSU Award
0
2024-03-01
4
M
0
10482
0
D
2021-02-27
2024-03-01
Common Stock
10482
0
D
2021 MSU Award
0
2024-03-01
4
M
0
5702
0
D
2022-03-01
2025-03-01
Common Stock
5702
4061
D
2022 MSU Award
0
2024-03-01
4
M
0
6022
0
D
2023-03-01
2026-03-01
Common Stock
6022
12377
D
2023 MSU Award
0
2024-03-01
4
M
0
5440
0
D
2024-03-01
2027-03-01
Common Stock
5440
16362
D
2021 PU Award
0
2024-03-01
4
M
0
32243
0
D
2024-03-01
2024-03-01
Common Stock
32243
0
D
2024 RSU Award
0
2024-03-01
4
A
0
23101
0
A
2025-03-01
2025-03-01
Common Stock
23101
23101
D
Transaction executed in multiple trades at prices ranging from $218.500 - 219.040. The price reported 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.
Transaction executed in multiple trades at prices ranging from $217.000 - 217.860. The price reported 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.
Transaction executed in multiple trades at prices ranging from $215.500 - 216.445. The price reported 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.
Transaction executed in multiple trades at prices ranging from $216.530 - 217.500. The price reported 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.
Transaction executed in multiple trades at prices ranging from $217.555 - 217.670. The price reported 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.
Shares reflect the vesting of the fourth tranche of MSUs granted in February 2020 at 180% of target based on our absolute total stockholder return in excess of 10% during the 2020-2023 performance period, plus dividend equivalents accrued during the period.
Shares reflect the vesting of the third tranche of MSUs granted in March 2021 at 134% of target based on our absolute total stockholder return in excess of 10% during the 2021-2023 performance period, plus dividend equivalents accrued during the period.
Shares reflect the vesting of the second tranche of MSUs granted in March 2022 at 94% of target based on our absolute total stockholder return during the 2022-2023 performance period, plus dividend equivalents accrued during the period.
Shares reflect the vesting of the first tranche of MSUs granted in March 2023 at 98% of target based on our absolute total stockholder return during the 2023 performance period, plus dividend equivalents accrued during the period.
Shares reflect the vesting of PUs granted in March 2021 at 183% of target, based 50% on our cumulative economic value added and 50% on our relative total stockholder return.
Restricted stock units (RSUs) cliff vest on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of common stock.
/s/ Vikas Arora attorney-in-fact for Mitchell R Butier
2024-03-05