Avery Dennison Corp — Director's Dealing 2009

Mar 2, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVERY DENNISON CORPORATION (AVY)
CIK: 0000008818
Period of Report: 2009-02-26

Reporting Person: RODRIGUEZ KARYN E (Vice President and Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-26	Employee Stock Option (Right to Buy)	$20.64	A	12384	Acquired	2019-02-26	Common Stock (12384)	Direct
2009-02-26	Restricted Stock Units	$0	A	3194	Acquired	2013-02-26	Common Stock (3194)	Direct

Footnotes

F1: 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 .

F2: Each restricted stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.

F3: The restricted stock units vest in four cumulative installments of 25 % each year beginning on the 15th of January, and on the same date each year thereafter. If the reporting person's employment is terminated for cause or voluntarily terminated prior to that date, the restricted stock units will be forfeited.