Avery Dennison Corp — Director's Dealing 2015

Nov 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2015-11-02

Reporting Person: Miller Susan C (Senior VP, Gen Counsel & Secty)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-02	Common Stock	M	27533	$31.665	Acquired	28906	Direct
2015-11-02	Common Stock	S	27533	$64.88	Disposed	1373	Direct
2015-11-02	Common Stock	S	1373	$64.92	Disposed	0	Direct
2015-11-02	Common Stock	S	3412	$65.715	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-02	2010 Employee Stock Option	$31.665	M	27533	Disposed	2020-02-26	Common Stock (27533)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10514.6391	Indirect
Common Stock (Savings Plan)	658.1686	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $64.75 to $65.07. 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 $64.91 to $64.94. 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: Options are exercisable in four cumulative installments of 25% each year beginning on the first anniversary date of the grant, which is the date given .