AI assistant
Avery Dennison Corp — Director's Dealing 2023
May 5, 2023
30491_dirs_2023-05-05_3a3efd1d-9cfb-4418-ae36-db572e312dc5.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2023-04-27
Reporting Person: Melo Francisco (President, Solutions Group)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 21705 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 2020 MSU Award | $0 | 2024-03-01 | Common Stock (311) | Direct | |
| 2021 MSU Award | $0 | 2025-03-01 | Common Stock (531) | Direct | |
| 2021 PU Award | $0 | 2024-03-01 | Common Stock (1263) | Direct | |
| 2022 IL PU Award | $0 | 2026-03-01 | Common Stock (26369) | Direct | |
| 2022 MSU Award | $0 | 2026-03-01 | Common Stock (1248) | Direct | |
| 2022 PU Award | $0 | 2025-03-01 | Common Stock (1290) | Direct | |
| 2023 MSU Award | $0 | 2027-03-01 | Common Stock (2311) | Direct | |
| 2023 PU Award | $0 | 2026-03-01 | Common Stock (2401) | 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 percentage change in the Company's stock price, plus dividend equivalents accrued during the vesting period. Each market-leveraged stock unit represents a contingent right to receive one share of common stock, plus accrued dividend equivalents.
F2: Performance units vest, if at all, at the end of fiscal year 2023, provided certain performance objectives are met as determined by the Compensation Committee in February 2024. Each performance unit represents a contingent right to receive one share of common stock
F3: Performance units vest, if at all, at the end of fiscal year 2025, provided certain performance objectives are met as determined by the Compensation Committee in February 2026. Each performance unit represents a contingent right to receive one share of common stock
F4: Performance units vest, if at all, at the end of fiscal year 2024, provided certain performance objectives are met as determined by the Compensation Committee in February 2025. Each performance unit represents a contingent right to receive one share of common stock