Avery Dennison Corp — Director's Dealing 2012

Jun 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2012-05-31

Reporting Person: Hill Anne (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-31	Common Stock	M	2500	$29.05	Acquired	7778	Direct
2012-05-31	Common Stock	M	455	$29.05	Acquired	8233	Direct
2012-05-31	Common Stock	F	1085	$29.05	Disposed	7148	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-31	2007 Anne Hill RSU	$29.05	M	2500	Disposed	2012-05-31	Common Stock (2500)	Direct
2012-05-31	Dividend Equivalent Right	$29.05	M	455	Disposed	2012-05-31	Common Stock (455)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.

F2: Settlement of dividend equivalent rights in connection with vesting of restricted stock units. The rights accrued when and as dividends were paid on the common stock. Each dividend right represents the right to receive one share of common stock.