Avery Dennison Corp — Director's Dealing 2017

May 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2017-05-01

Reporting Person: SCARBOROUGH DEAN A (Director, Executive Chairman)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-01	2017 RSU Award	$0	A	1678	Acquired	2018-05-01	Common Stock (1678)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	104042	Direct
Common Stock	20	Indirect
Common Stock	148	Indirect
Common Stock (Savings Plan)	43237.8474	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Units	$0	1988-08-08	Common Stock (3271.1553)	3271.1553	Indirect

Footnotes

F1: The restricted stock units vest on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.