Filing Details
- Accession Number:
- 0001127602-23-008699
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-03 16:21:29
- Reporting Period:
- 2023-03-01
- Accepted Time:
- 2023-03-03 16:21:29
- 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 |
|---|---|---|---|---|---|---|---|
| 1565131 | Nicholas Colisto | 8080 Norton Parkway Mentor OH 44060 | Svp & Cio | 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 | 2023-03-01 | 2,952 | $182.27 | 10,930 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-01 | 720 | $182.27 | 10,210 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2023-03-01 | 788 | $182.27 | 10,998 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-01 | 215 | $182.27 | 10,783 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2023-03-01 | 729 | $182.27 | 11,512 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-01 | 178 | $182.27 | 11,334 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2023-03-01 | 299 | $182.27 | 11,633 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-01 | 73 | $182.27 | 11,560 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2023-03-01 | 344 | $182.27 | 11,904 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-01 | 84 | $182.27 | 11,820 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-03-02 | 3,842 | $180.43 | 7,978 | No | 4 | S | 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 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | 2023 MSU Award | Acquisiton | 2023-03-01 | 1,375 | $0.00 | 1,375 | $0.00 |
| Common Stock | 2023 PU Award | Acquisiton | 2023-03-01 | 1,418 | $0.00 | 1,418 | $0.00 |
| Common Stock | 2023 Special RSU Award | Acquisiton | 2023-03-01 | 1,097 | $0.00 | 1,097 | $0.00 |
| Common Stock | 2020 PU Award | Disposition | 2023-03-01 | 2,952 | $0.00 | 2,952 | $0.00 |
| Common Stock | 2019 MSU Award | Disposition | 2023-03-01 | 788 | $0.00 | 788 | $0.00 |
| Common Stock | 2020 MSU Award | Disposition | 2023-03-01 | 729 | $0.00 | 729 | $0.00 |
| Common Stock | 2021 MSU Award | Disposition | 2023-03-01 | 299 | $0.00 | 299 | $0.00 |
| Common Stock | 2022 MSU Award | Disposition | 2023-03-01 | 344 | $0.00 | 344 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,375 | 2024-03-01 | 2027-03-01 | No | 4 | A | Direct |
| 1,418 | 2026-03-01 | 2026-03-01 | No | 4 | A | Direct |
| 1,097 | 2025-04-01 | 2025-04-01 | No | 4 | A | Direct |
| 0 | 2023-02-27 | 2023-03-01 | No | 4 | M | Direct |
| 0 | 2020-02-28 | 2023-03-01 | No | 4 | M | Direct |
| 423 | 2021-02-27 | 2024-03-01 | No | 4 | M | Direct |
| 482 | 2022-03-01 | 2025-03-01 | No | 4 | M | Direct |
| 1,128 | 2023-03-01 | 2026-03-01 | No | 4 | M | Direct |
Footnotes
- Shares reflect the vesting of performance units granted in February 2020 at 200% of target, 50% based on our cumulative economic value added and 50% on our relative total stockholder return.
- Shares reflect the vesting of the fourth tranche of market-leveraged stock units granted in February 2019 at 200% of target based on our absolute total stockholder return in excess of 10% during the 2019-2022 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 2020 at 164% of target based on our absolute total stockholder return in excess of 10% during the 2020-2022 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 2021 at 121% of target based on our absolute total stockholder return in excess of 10% during the 2021-2022 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 2022 at 90% of target based on our absolute total stockholder return in excess of 10% during the 2022 performance period, plus dividend equivalents accrued during the period.
- Sale pursuant to a 10b5-1 plan.
- 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.
- 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
- The restricted stock units cliff-vest on April 1, 2025. Each restricted stock unit represents a contingent right to receive one share of common stock.
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