Avery Dennison Corp — Director's Dealing 2015

Nov 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2015-11-04

Reporting Person: Butier Mitchell R (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-04	Common Stock	M	24343	$39.32	Acquired	70878	Direct
2015-11-04	Common Stock	S	24343	$64.76	Disposed	46535	Direct
2015-11-04	Common Stock	M	12363	$59.465	Acquired	58898	Direct
2015-11-04	Common Stock	S	12363	$64.63	Disposed	46535	Direct
2015-11-05	Common Stock	M	40800	$39.32	Acquired	87335	Direct
2015-11-05	Common Stock	S	40800	$64.91	Disposed	46535	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-04	2011 Employee Stock Option	$39.32	M	24343	Disposed	2021-02-24	Common Stock (24343)	Direct
2015-11-04	2005 Employee Stock Option	$59.465	M	12363	Disposed	2015-12-01	Common Stock (12363)	Direct
2015-11-05	2011 Employee Stock Option	$39.32	M	40800	Disposed	2021-02-24	Common Stock (40800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (Savings Plan)	3599.695	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $64.75 to $64.80. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: This transaction was executed in multiple trades at prices ranging from $64.24 to $64.96. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: This transaction was executed in multiple trades at prices ranging from $64.90 to $64.97. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4: Options are exercisable in cumulative installments of 25% on the first, second, third and fourth anniversary of the date of the grant.