Avery Dennison Corp — Director's Dealing 2019

May 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2019-05-01

Reporting Person: PYOTT DAVID E I (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-01	Common Stock	M	641	$109.63	Acquired	15934	Direct
2019-05-01	Common Stock	M	1336	$109.63	Acquired	17270	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-01	2016 Director RSU Award	$0	M	641	Disposed	2019-05-01	Common Stock (641)	Direct
2019-05-01	2018 Director RSU Award	$0	M	1336	Disposed	2019-05-01	Common Stock (1336)	Direct
2019-05-01	2019 Director RSU Award	$0	A	1414	Acquired	2020-05-01	Common Stock (1414)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Units - DDECP	$0	1988-08-08	Common Stock (50729.9488)	50729.9488	Indirect

Footnotes

F1: Shares reflect the vesting of the third tranche of restricted stock units granted on May 1, 2016.

F2: Each restricted stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.