Avery Dennison Corp — Director's Dealing 2020

May 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2020-05-01

Reporting Person: STEWART JULIA A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-01	Common Stock	M	1414	$106.87	Acquired	13720	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-01	2019 Director RSU Award	$0	M	1414	Disposed	2020-05-01	Common Stock (1414)	Direct
2020-05-01	2020 Director RSU Award	$0	A	1450	Acquired	2021-05-01	Common Stock (1450)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5680	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Units - DDECP	$0	1988-08-08	Common Stock (39794.5879)	39794.5879	Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.