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Avery Dennison Corp — Director's Dealing 2020
Sep 3, 2020
30491_dirs_2020-09-03_cecc1910-9f75-4139-a998-b3a00121eba3.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: 2020-09-01
Reporting Person: Walker Ignacio J (VP and Chief Legal Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2373 | Direct |
| Common Stock (Savings Plan) | 536.0054 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 2017 MSU Award | $0 | 2021-02-23 | Common Stock (476) | Direct | |
| 2018 MSU Award | $0 | 2022-02-22 | Common Stock (761) | Direct | |
| 2018 PU Award | $0 | 2021-02-22 | Common Stock (1554) | Direct | |
| 2019 MSU Award | $0 | 2023-02-28 | Common Stock (1019) | Direct | |
| 2019 PU Award | $0 | 2022-02-28 | Common Stock (1653) | Direct | |
| 2020 MSU Award | $0 | 2024-02-27 | Common Stock (1547) | Direct | |
| 2020 PU Award | $0 | 2023-02-27 | Common Stock (1349) | Direct |
Footnotes
F1: Market-leveraged stock units vest 25% over one-, two-, three- and four-year performance periods, with the number of shares paid on each vesting date based on the Company's absolute total stockholder return, plus dividend equivalents accrued during the vesting period. Each market-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 2020, provided certain performance objectives are met as determined by the Compensation Committee in February 2021. 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 2021, provided certain performance objectives are met as determined by the Compensation Committee in February 2022. 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 2022, provided certain performance objectives are met as determined by the Compensation Committee in February 2023. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.