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: BARKER PETER K (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-01	Common Stock	M	1015	$48.5	Acquired	15440	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-01	2014 Director RSU Award	$0	A	2577	Acquired	2017-05-01	Common Stock (2577)	Direct
2014-05-01	Common Stock Units - DDECP	$0	A	1082.92	Acquired	1988-08-08	Common Stock (1082.92)	Indirect
2014-05-01	2013 Director RSU Award	$48.5	M	1015	Disposed	2016-05-01	Common Stock (1015)	Direct

Footnotes

F1: The restricted stock units vest in three cumulative installments of one-third on the first, second and third anniversaries of the date of the grant.

F2: Stock units were acquired by the reporting person pursuant to the Avery Dennison Corporation Non-Employee Director Deferred Equity Compensation Program (DDECP) in a transaction exempt under Rules 16a-11 and 16b-3(d).

F3: Each restricted stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.