Filing Details
- Accession Number:
- 0001127602-20-008645
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-02 17:32:19
- Reporting Period:
- 2020-02-27
- Accepted Time:
- 2020-03-02 17:32:19
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 8818 | Avery Dennison Corp | AVY | Converted Paper & Paperboard Prods (No Contaners/Boxes) (2670) | 951492269 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1492802 | J Lori Bondar | 207 Goode Avenue Glendale CA 91203 | Vp, Ctrlr, Treasurer & Cao | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-02-27 | 1,466 | $117.73 | 14,394 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-27 | 534 | $117.73 | 13,860 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-02-27 | 1,176 | $117.73 | 15,036 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-27 | 407 | $117.73 | 14,629 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-02-27 | 489 | $117.73 | 15,118 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-27 | 170 | $117.73 | 14,948 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-02-27 | 654 | $117.73 | 15,602 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-27 | 227 | $117.73 | 15,375 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-02-27 | 5,120 | $117.73 | 20,495 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-27 | 1,843 | $117.73 | 18,652 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-02-28 | 500 | $112.85 | 19,152 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | 2016 MSU Award | Disposition | 2020-02-27 | 1,466 | $0.00 | 1,466 | $0.00 |
| Common Stock | 2017 MSU Award | Disposition | 2020-02-27 | 1,176 | $0.00 | 1,176 | $0.00 |
| Common Stock | 2018 MSU Award | Disposition | 2020-02-27 | 489 | $0.00 | 489 | $0.00 |
| Common Stock | 2019 MSU Award | Disposition | 2020-02-27 | 654 | $0.00 | 654 | $0.00 |
| Common Stock | 2017 PU Award | Disposition | 2020-02-27 | 5,120 | $0.00 | 5,120 | $0.00 |
| Common Stock | 2020 MSU Award | Acquisiton | 2020-02-27 | 1,946 | $0.00 | 1,946 | $0.00 |
| Common Stock | 2020 PU Award | Acquisiton | 2020-02-27 | 1,697 | $0.00 | 1,697 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-02-25 | 2020-02-27 | No | 4 | M | Direct |
| 557 | 2018-02-23 | 2021-02-23 | No | 4 | M | Direct |
| 889 | 2019-02-22 | 2022-02-22 | No | 4 | M | Direct |
| 1,309 | 2020-02-28 | 2023-02-28 | No | 4 | M | Direct |
| 0 | 2020-02-23 | 2020-02-27 | No | 4 | M | Direct |
| 1,946 | 2021-02-27 | 2024-02-27 | No | 4 | A | Direct |
| 1,697 | 2023-02-27 | 2023-02-27 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock (Savings Plan) | 1,966 | Indirect | Savings Plan |
Footnotes
- As a result of this sale, the executive disgorged the resulting profits to the company pursuant to Section 16(b) of the Securities Exchange Act of 1934.
- Shares reflect the vesting of the fourth tranche of market-leveraged stock units granted in February 2016 at 200% of target based on our absolute total stockholder return in excess of 10% during the 2016-2019 performance period, plus dividend equivalents accrued during the period.
- Shares reflect the vesting of the third tranche of market-leveraged stock units granted in February 2017 at 200% of target based on our absolute total stockholder return in excess of 10% during the 2017-2019 performance period, plus dividend equivalents accrued during the period.
- Shares reflect the vesting of the second tranche of market-leveraged stock units granted in February 2018 at 106% of target based on our absolute total stockholder return in excess of 10% during the 2018-2019 performance period, plus dividend equivalents accrued during the period.
- Shares reflect the vesting of the first tranche of market-leveraged stock units granted in February 2019 at 147% of target based on our absolute total stockholder return in excess of 10% during the 2019 performance period, plus dividend equivalents accrued during the period.
- Shares reflect the vesting of performance units granted in February 2017 at 200% of target, based 50% on our cumulative economic value added and 50% on our relative total stockholder return.
- 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.
- Performance units vest, if at all, at the end of fiscal year 2022, provided the designated 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.
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