Avery Dennison Corp — Director's Dealing 2015

Mar 4, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2015-03-02

Reporting Person: NEVILLE R SHAWN (President, RBIS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-03	Common Stock	M	30000	$27.94	Acquired	48156	Direct
2015-03-03	Common Stock	S	30000	$53.29	Disposed	18156	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-02	2015 RSU Award	$0	A	28561	Acquired	2018-03-02	Common Stock (28561)	Direct
2015-03-02	2014 RSU Award	$0	J	30697	Disposed	2016-12-01	Common Stock (30697)	Direct
2015-03-03	Employee Stock Option (Right to Buy)	$27.94	M	30000	Disposed	2019-06-01	Common Stock (30000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (savings Plan)	2388.9497	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $53.14 to $53.58. 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: The restricted stock units vest in two installments, 90% on December 1, 2016 and 10% on the three-year anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.

F3: Voiding of previously-granted award following determination that award did not meet the three-year minimum vesting requirement for time-vesting full-value awards set forth in the Company's equity plan.