Avery Dennison Corp — Director's Dealing 2006

Dec 8, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVERY DENNISON CORPORATION (AVY)
CIK: 0000008818
Period of Report: 2006-11-14

Reporting Person: VAN SCHOONENBERG ROBERT G (Exec.VP/General Counsel/)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-14	Common Stock	G	125	—	Disposed	23287	Direct
2006-11-15	Common Stock	G	38	—	Disposed	23249	Direct
2006-12-07	Common Stock	J	145.435	—	Acquired	4309.508	Indirect
2006-12-07	Common Stock	J	244.706	—	Acquired	5621.213	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-07	Employee Stock Option (Right to Buy)	$67.795	A	37676	Acquired	2016-12-07	Common Stock (37676)	Direct

Footnotes

F1: Shares purchased under the Company's SHARE Plan in transactions exempt under Rule 16b-3(c)

F2: Shares purchased under the Company's Employee Savings Plan in transactions exempt under Rule 16b-3(c)

F3: Options are exercisable in four cumulative installments of 25% each year beginning on the first anniversary date of the grant, which is the date given.