Avery Dennison Corp - Director's Dealing 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2016-05-02

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-02	Common Stock	M	2000	$52.115	Acquired	8518	Direct
2016-05-02	Common Stock	S	2000	$72.65	Disposed	6518	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-02	2008 Employee Stock Option	$52.115	M	2000	Disposed	2018-02-28	Common Stock (2000)	Direct

Security	Shares	Ownership
Common Stock	16997	Indirect
Common Stock (Savings Plan)	663.9283	Indirect

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

F2: Options are exercisable in four cumulative installments of 25% each year beginning on the first anniversary date of the grant.