Avery Dennison Corp — Director's Dealing 2017

Mar 1, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2017-02-27

Reporting Person: Siewert Patrick (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-27	Common Stock	M	6318	$31.87	Acquired	25331	Direct
2017-02-27	Common Stock	S	6318	$80.471	Disposed	19013	Direct
2017-02-27	Common Stock	M	4664	$42.725	Acquired	23677	Direct
2017-02-27	Common Stock	S	4664	$80.65	Disposed	19013	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-27	2012 Director Stock Option	$31.87	M	6318	Disposed	2022-04-26	Common Stock (6318)	Direct
2017-02-27	2011 Director Stock Option	$42.725	M	4664	Disposed	2021-04-28	Common Stock (4664)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $80.28 to $80.70. 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 this issuer the full information regarding the number of shares and prices at which the transaction was effected.

F2: This transaction was executed in multiple trades at prices ranging from $80.54 to $80.73. 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 this issuer the full information regarding the number of shares and prices at which the transaction was effected.

F3: Options are exercisable in two cumulative installments of 50% each year beginning on the first anniversary of the grant date.