Mitchell R. Butier - Aug 8, 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 8, 2024
Transactions value $
-$796,870
Form type
4
Date filed
8/12/2024, 04:32 PM
Previous filing
Aug 8, 2024
Next filing
Aug 14, 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 -3K -3.65% $0.00 79.1K Aug 8, 2024 Common Stock 3K $73.96 Direct F1
transaction AVY 2016 Employee Stock Option Options Exercise $0 -3K -3.79% $0.00 76.1K Aug 9, 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 $206.220 - $207.110. 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 $207.220 - $208.000. 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.
F4 Transaction executed in multiple trades at prices ranging from $205.010 - $205.590. 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 $206.950 - $207.770. 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.
F6 Transaction executed in multiple trades at prices ranging from $205.170 - $205.180. 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 $206.200 - $206.850. 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 $207.300 - $207.920. 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 $205.170 - $205.180. 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 $206.200 - $206.980. 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 $207.540 - $207.910. 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.