Mitchell R. Butier - Jul 31, 2024 Form 4 Insider Report for Avery Dennison Corp (AVY)

Role: Executive Chairman, Director
Signature: /s/ Vikas Arora attorney-in-fact for Mitchell R Butier
Stock symbol: AVY
Transactions as of: Jul 31, 2024
Transactions value $: -$2,828,903
Form type: 4
Date filed: 8/2/2024, 05:11 PM
Previous filing: Jul 31, 2024
Next filing: Aug 6, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVY	Common Stock	Options Exercise	$740K	+10K	+3.29%	$73.96	314K	Jul 31, 2024	Direct	F1
transaction	AVY	Common Stock	Sale	-$59.2K	-275	-0.09%	$215.36	314K	Jul 31, 2024	Direct	F1, F2
transaction	AVY	Common Stock	Sale	-$158K	-725	-0.23%	$217.38	313K	Jul 31, 2024	Direct	F1, F3
transaction	AVY	Common Stock	Sale	-$81K	-375	-0.12%	$215.90	313K	Jul 31, 2024	Direct	F1, F4
transaction	AVY	Common Stock	Sale	-$293K	-1.35K	-0.43%	$217.23	311K	Jul 31, 2024	Direct	F1, F5
transaction	AVY	Common Stock	Sale	-$60K	-275	-0.09%	$218.14	311K	Jul 31, 2024	Direct	F1, F6
transaction	AVY	Common Stock	Sale	-$151K	-700	-0.22%	$215.23	310K	Jul 31, 2024	Direct	F1, F7
transaction	AVY	Common Stock	Sale	-$463K	-2.13K	-0.69%	$216.74	308K	Jul 31, 2024	Direct	F1, F8
transaction	AVY	Common Stock	Sale	-$819K	-3.77K	-1.22%	$217.48	305K	Jul 31, 2024	Direct	F1, F9
transaction	AVY	Common Stock	Sale	-$87.3K	-400	-0.13%	$218.25	304K	Jul 31, 2024	Direct	F1, F10
transaction	AVY	Common Stock	Options Exercise	$740K	+10K	+3.29%	$73.96	314K	Aug 1, 2024	Direct	F1
transaction	AVY	Common Stock	Sale	-$876K	-4.12K	-1.31%	$212.80	310K	Aug 1, 2024	Direct	F1, F11
transaction	AVY	Common Stock	Sale	-$297K	-1.39K	-0.45%	$213.61	309K	Aug 1, 2024	Direct	F1, F12
transaction	AVY	Common Stock	Sale	-$62.9K	-293	-0.09%	$214.74	308K	Aug 1, 2024	Direct	F1, F13
transaction	AVY	Common Stock	Sale	-$64.8K	-300	-0.1%	$215.95	308K	Aug 1, 2024	Direct	F1, F14
transaction	AVY	Common Stock	Sale	-$195K	-900	-0.29%	$217.05	307K	Aug 1, 2024	Direct	F1, F15
transaction	AVY	Common Stock	Sale	-$118K	-556	-0.18%	$212.68	307K	Aug 1, 2024	Direct	F1, F16
transaction	AVY	Common Stock	Sale	-$40.3K	-189	-0.06%	$213.46	306K	Aug 1, 2024	Direct	F1, F17
transaction	AVY	Common Stock	Sale	-$55.3K	-255	-0.08%	$216.68	306K	Aug 1, 2024	Direct	F1, F18
transaction	AVY	Common Stock	Sale	-$278K	-1.31K	-0.43%	$212.82	305K	Aug 1, 2024	Direct	F1, F19
transaction	AVY	Common Stock	Sale	-$50.2K	-235	-0.08%	$213.62	305K	Aug 1, 2024	Direct	F1, F20
transaction	AVY	Common Stock	Sale	-$58.4K	-270	-0.09%	$216.15	304K	Aug 1, 2024	Direct	F1, F21
transaction	AVY	Common Stock	Sale	-$41.3K	-190	-0.06%	$217.37	304K	Aug 1, 2024	Direct	F1, F22
holding	AVY	Common Stock (Savings Plan)						4.18K	Jul 31, 2024	Savings Plan

Showing 1 to 24 of 24 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AVY	2016 Employee Stock Option	Options Exercise	$0	-10K	-8.26%	$0.00	111K	Jul 31, 2024	Common Stock	10K	$73.96	Direct	F1
transaction	AVY	2016 Employee Stock Option	Options Exercise	$0	-10K	-9%	$0.00	101K	Aug 1, 2024	Common Stock	10K	$73.96	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The reported exercise of options and sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2024.
F2	Transaction executed in multiple trades at prices ranging from $215.220 - $215.450. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3	Transaction executed in multiple trades at prices ranging from $216.780 - $217.670. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	Transaction executed in multiple trades at prices ranging from $215.450 - $216.380. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5	Transaction executed in multiple trades at prices ranging from $216.780 - $217.750. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6	Transaction executed in multiple trades at prices ranging from $217.800 - $218.420. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F7	Transaction executed in multiple trades at prices ranging from $214.890 - $215.450. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F8	Transaction executed in multiple trades at prices ranging from $216.050 - $217.010. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F9	Transaction executed in multiple trades at prices ranging from $217.070 - $218.050. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F10	Transaction executed in multiple trades at prices ranging from $218.080 - $218.420. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F11	Transaction executed in multiple trades at prices ranging from $212.290 - $213.270. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F12	Transaction executed in multiple trades at prices ranging from $213.290 - $214.080. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F13	Transaction executed in multiple trades at prices ranging from $214.580 - $215.030. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F14	Transaction executed in multiple trades at prices ranging from $215.800 - $216.250. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F15	Transaction executed in multiple trades at prices ranging from $216.880 - $217.370. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F16	Transaction executed in multiple trades at prices ranging from $212.290 - $213.200. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F17	Transaction executed in multiple trades at prices ranging from $213.350 - $213.970. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F18	Transaction executed in multiple trades at prices ranging from $216.200 - $217.000. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F19	Transaction executed in multiple trades at prices ranging from $212.410 - $213.270. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F20	Transaction executed in multiple trades at prices ranging from $213.500 - $213.870. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F21	Transaction executed in multiple trades at prices ranging from $216.000 - $216.400. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F22	Transaction executed in multiple trades at prices ranging from $217.360 - $217.370. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.