Danny Gilad Allouche - 15 Nov 2024 Form 3 Insider Report for Avery Dennison Corp (AVY)

Role: SVP, CSDO & Interim CFO
Signature: /s/ Vikas Arora, attorney-in-fact for Danny Gilad Allouche
Issuer symbol: AVY
Transactions as of: 15 Nov 2024
Net transactions value: $0
Form type: 3
Filing time: 21 Nov 2024, 16:31:12 UTC
Next filing: 04 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AVY	Common Stock						18,605	15 Nov 2024	Trust

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
holding	AVY	2021 MSU Award							15 Nov 2024	Common Stock	277	$0.000000	Direct	F1
holding	AVY	2022 MSU Award							15 Nov 2024	Common Stock	946	$0.000000	Direct	F1
holding	AVY	2022 PU Award							15 Nov 2024	Common Stock	1,519	$0.000000	Direct	F2
holding	AVY	2023 MSU Award							15 Nov 2024	Common Stock	1,044	$0.000000	Direct	F1
holding	AVY	2023 PU Award							15 Nov 2024	Common Stock	1,434	$0.000000	Direct	F3
holding	AVY	2023 RSU Award							15 Nov 2024	Common Stock	3,292	$0.000000	Direct	F4
holding	AVY	2024 MSU Award							15 Nov 2024	Common Stock	989	$0.000000	Direct	F1
holding	AVY	2024 PU Award							15 Nov 2024	Common Stock	1,129	$0.000000	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Market-leveraged stock units (MSUs) vest 25% over one-, two-, three- and four-year performance periods, with the number of shares paid on each vesting date based on our absolute total stockholder return. Each MSU represents a contingent right to receive one share of common stock, plus dividend equivalents accrued during the vesting period.
F2	Performance units (PUs) vest, at the end of fiscal year 2024, provided certain performance objectives are met as determined by the Compensation Committee in February 2025. Each PU represents a contingent right to receive one share of common stock.
F3	Performance units (PUs) vest, at the end of fiscal year 2025, provided certain performance objectives are met as determined by the Compensation Committee in February 2026. Each PU represents a contingent right to receive one share of common stock.
F4	Restricted stock units (RSUs) cliff vest on April 1, 2025. Each RSU represents a contingent right to receive one share of common stock.
F5	Performance units (PUs) vest, at the end of fiscal year 2026, provided certain performance objectives are met as determined by the Compensation Committee in February 2027. Each PU represents a contingent right to receive one share of common stock.