Mitchell R. Butier - 01 Mar 2025 Form 4 Insider Report for Avery Dennison Corp (AVY)

Role
Executive Chairman, Director
Signature
/s/ Vikas Arora attorney-in-fact for Mitchell R Butier
Issuer symbol
AVY
Transactions as of
01 Mar 2025
Net transactions value
+$3,935,181
Form type
4
Filing time
04 Mar 2025, 18:57:08 UTC
Previous filing
07 Feb 2025
Next filing
06 Mar 2025
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 $1,032,197 +5,518 +1.8% $187.06 308,849 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $603,456 -3,226 -1% $187.06 305,623 01 Mar 2025 Direct
transaction AVY Common Stock Options Exercise $1,120,676 +5,991 +2% $187.06 311,614 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $655,084 -3,502 -1.1% $187.06 308,112 01 Mar 2025 Direct
transaction AVY Common Stock Options Exercise $1,013,117 +5,416 +1.8% $187.06 313,528 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $592,232 -3,166 -1% $187.06 310,362 01 Mar 2025 Direct
transaction AVY Common Stock Options Exercise $1,984,894 +10,611 +3.4% $187.06 320,973 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $1,160,333 -6,203 -1.9% $187.06 314,770 01 Mar 2025 Direct
transaction AVY Common Stock Options Exercise $4,321,273 +23,101 +7.3% $187.06 337,871 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $2,525,871 -13,503 -4% $187.06 324,368 01 Mar 2025 Direct
holding AVY Common Stock (Savings Plan) 4,223 01 Mar 2025 Savings Plan

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 2021 MSU Award Options Exercise $0 -5,518 -100% $0.000000 0 01 Mar 2025 Common Stock 5,518 $0.000000 Direct F1
transaction AVY 2022 MSU Award Options Exercise $0 -5,991 -49% $0.000000 6,188 01 Mar 2025 Common Stock 5,991 $0.000000 Direct F2
transaction AVY 2023 MSU Award Options Exercise $0 -5,416 -33% $0.000000 10,908 01 Mar 2025 Common Stock 5,416 $0.000000 Direct F3
transaction AVY 2022 PU Award Options Exercise $0 -10,611 -100% $0.000000 0 01 Mar 2025 Common Stock 10,611 $0.000000 Direct F4
transaction AVY 2024 RSU Award Options Exercise $0 -23,101 -100% $0.000000 0 01 Mar 2025 Common Stock 23,101 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares reflect the vesting of the fourth tranche of MSUs granted in February 2021 at 128% of target based on our absolute total stockholder return in excess of 10% during the 2021-2024 performance period, plus dividend equivalents accrued during the period.
F2 Shares reflect the vesting of the third tranche of MSUs granted in March 2022 at 92% of target based on our absolute total stockholder return during the 2022-2024 performance period, plus dividend equivalents accrued during the period.
F3 Shares reflect the vesting of the second tranche of MSUs granted in March 2023 at 96% of target based on our absolute total stockholder return during the 2023-2024 performance period, plus dividend equivalents accrued during the period.
F4 Shares reflect the vesting of PUs granted in March 2022 at 50% of target, based 50% on our cumulative economic value added of 0% of target and 50% on our capped relative total stockholder return of 100% of target.
F5 Shares reflect the vesting of RSUs granted on March 1, 2024.