Avery Dennison Corp — Director's Dealing 2018

May 3, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2018-05-01

Reporting Person: Lopez Andres Alberto (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-01	Common Stock	M	1678	$104.80	Acquired	1826	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-01	2017 Director RSU Award	$0	M	1678	Disposed	2018-05-01	Common Stock (1678)	Direct
2018-05-01	2018 Director RSU Award	$0	A	1336	Acquired	2019-05-01	Common Stock (1336)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Units - DDECP	$0	1988-08-08	Common Stock (428.63)	428.63	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.