Mitchell R. Butier - Aug 2, 2024 Form 4 Insider Report for Avery Dennison Corp (AVY)

Signature
/s/ Vikas Arora attorney-in-fact for Mitchell R Butier
Stock symbol
AVY
Transactions as of
Aug 2, 2024
Transactions value $
-$1,748,722
Form type
4
Date filed
8/6/2024, 04:25 PM
Previous filing
Aug 2, 2024
Next filing
Aug 8, 2024

Transactions Table

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 -9.89% $0.00 91.1K Aug 2, 2024 Common Stock 10K $73.96 Direct F1
transaction AVY 2016 Employee Stock Option Options Exercise $0 -3K -3.29% $0.00 88.1K Aug 5, 2024 Common Stock 3K $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 $208.750 - $209.570. 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 $209.780 - $210.550. 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 $207.970 - $208.940. 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 $209.290 - $210.270. 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.
F6 Transaction executed in multiple trades at prices ranging from $210.290 - $211.100. 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 $210.000 - $210.770. 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 $201.350 - $202.280. 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 $202.390 - $203.380. 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.
F10 Transaction executed in multiple trades at prices ranging from $203.390 - $204.210. 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 $201.350 - $202.300. 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 $202.400 - $203.310. 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 $203.955 - $204.210. 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.