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Avery Dennison Corp — Director's Dealing 2017
Mar 23, 2017
30491_dirs_2017-03-23_b6fd8aae-c95c-4d61-8b43-7062b5e7b4bd.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2017-03-20
Reporting Person: Lovins Gregory (V.P. and Interim CFO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7642 | Direct |
| Common Stock (Savings Plan) | 1925.3469 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 2014 MSU Award | $0 | 2018-02-22 | Common Stock (958) | Direct | |
| 2015 MSU Award | $0 | 2019-02-28 | Common Stock (2707) | Direct | |
| 2016 MSU Award | $0 | 2020-02-27 | Common Stock (2468) | Direct | |
| 2017 MSU Award | $0 | 2021-02-25 | Common Stock (2705) | Direct | |
| 2015 PU Award | $0 | 2018-02-22 | Common Stock (5027) | Direct | |
| 2016 PU Award | $0 | 2019-02-28 | Common Stock (3836) | Direct | |
| 2017 PU Award | $0 | 2020-02-27 | Common Stock (3114) | Direct |
Footnotes
F1: Market leveraged stock units vest 25% over one-, two-, three- and four-year performance periods using a conversion formula under which the number of shares earned at each vesting date is based on the percentage change in the Company's stock price, plus dividend equivalents accrued during the vesting period. Each marked leveraged stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock, plus dividend equivalents.
F2: Performance units vest, if at all, at the end of fiscal year 2017, provided certain Company performance objectives are met as determined in February 2018. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.
F3: Performance units vest, if at all, at the end of fiscal year 2018, provided certain Company performance objectives are met as determined in February 2019. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.
F4: Performance units vest, if at all, at the end of fiscal year 2019, provided certain Company performance objectives are met as determined in February 2020. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.