Avery Dennison Corp — Director's Dealing 2017

Nov 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2017-11-20

Reporting Person: Bondar Lori J (VP, Controller and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-20	Common Stock	M	10855	$20.64	Acquired	18556	Direct
2017-11-20	Common Stock	S	10855	$110.88	Disposed	7701	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-20	2009 Employee Stock Option	$20.64	M	10855	Disposed	2019-02-26	Common Stock (10855)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
By Spouse	2000	Indirect
Common Stock (Savings Plan)	1382.4077	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $110.62 to $111.27. 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: Options are exercisable in four cumulative installments of 25% each year beginning on the first anniversary date of the grant.