Avery Dennison Corp — Director's Dealing 2014

May 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2014-05-01

Reporting Person: Cardis John T (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-01	Common Stock	M	357	$48.48	Acquired	17951	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-01	Common Stock Units - DDECP	$48.48	M	357	Disposed	1988-08-08	Common Stock (357)	Indirect

Footnotes

F1: Settlement of stock units acquired through participation in the Avery Dennison Corporation Non-Employee Director Deferred Equity Compensation Program (DDECP). Each stock unit represents the right to receive one share of common stock.