Avery Dennison Corp — Director's Dealing 2015

Nov 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2015-10-30

Reporting Person: SCARBOROUGH DEAN A (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-30	Common Stock	M	100000	$59.465	Acquired	245486	Direct
2015-10-30	Common Stock	S	100000	$65.10	Disposed	145486	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-30	2005 Employee Stock Option	$59.465	M	100000	Disposed	2015-12-01	Common Stock (100000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20	Indirect
Common Stock	148	Indirect
Common Stock (Savings Plan)	40336.6664	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Units	$0	1988-08-08	Common Stock (3166.6374)	3166.6374	Indirect

Footnotes

F1: Transaction occurred pursuant to a Rule 10b5-1 Trading Plan established prior to trade date.

F2: This transaction was executed in multiple trades at prices ranging from $65.00 to $65.63. 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.