Avery Dennison Corp — Director's Dealing 2003

Dec 5, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVERY DENNISON CORPORATION (AVY)
CIK: 0000008818
Period of Report: 2003-12-05

Reporting Person: O BRYANT DANIEL R (Sr. VP, Finance and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-04	Employee Stock Option (Right to Buy)	$55.55	A	33250	Acquired	2003-12-04	Common Stock (33250)	Direct

Footnotes

F1: Option vests nine years and nine months from the date of grant, but becomes eligible for accelerated vesting beginning three years from the date of grant, if the Company meets certain pre-established performance criteria.