Avery Dennison Corp — Director's Dealing 2009

Feb 4, 2009

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

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

Reporting Person: SCARBOROUGH DEAN A (Director, President and C.E.O.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-31	Common Stock	J	124.009	—	Acquired	3787.187	Indirect
2008-12-31	Common Stock	J	1868.456	—	Acquired	23369.852	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-12-31	Common Stock Units	$0	J	98.55	Acquired	1988-08-08	Common Stock (98.55)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	57257.671	Direct
Common Stock	20	Indirect
Common Stock	136.865	Indirect

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: Includes stock units acquired upon the reinvestment of dividend equivalents under the Avery Capital Accumulation Plan ("CAP") in a transaction exempt under Rule 16a-11