Ryan D. Yost - 01 Mar 2025 Form 4 Insider Report for Avery Dennison Corp (AVY)

Role
President, Materials Group
Signature
/s/ Vikas Arora, attorney-in-fact for Ryan D Yost
Issuer symbol
AVY
Transactions as of
01 Mar 2025
Net transactions value
+$519,840
Form type
4
Filing time
04 Mar 2025, 19:07:49 UTC
Previous filing
04 Jun 2024
Next filing
03 Mar 2026
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 $26,188 +140 +6.6% $187.06 2,250 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $9,353 -50 -2.2% $187.06 2,200 01 Mar 2025 Direct
transaction AVY Common Stock Options Exercise $30,491 +163 +7.4% $187.06 2,363 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $11,037 -59 -2.5% $187.06 2,304 01 Mar 2025 Direct
transaction AVY Common Stock Options Exercise $40,592 +217 +9.4% $187.06 2,521 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $13,281 -71 -2.8% $187.06 2,450 01 Mar 2025 Direct
transaction AVY Common Stock Options Exercise $80,249 +429 +18% $187.06 2,879 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $24,505 -131 -4.6% $187.06 2,748 01 Mar 2025 Direct
transaction AVY Common Stock Options Exercise $27,124 +145 +5.3% $187.06 2,893 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $8,418 -45 -1.6% $187.06 2,848 01 Mar 2025 Direct
transaction AVY Common Stock Options Exercise $548,273 +2,931 +103% $187.06 5,779 01 Mar 2025 Direct
transaction AVY Common Stock Tax liability $166,483 -890 -15% $187.06 4,889 01 Mar 2025 Direct
holding AVY Common Stock (Savings Plan) 4 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 2025 MSU Award Award $0 +2,979 $0.000000 2,979 01 Mar 2025 Common Stock 2,979 $0.000000 Direct F1
transaction AVY 2025 PU Award Award $0 +3,109 $0.000000 3,109 01 Mar 2025 Common Stock 3,109 $0.000000 Direct F2
transaction AVY 2021 MSU Award Options Exercise $0 -140 -100% $0.000000 0 01 Mar 2025 Common Stock 140 $0.000000 Direct F3
transaction AVY 2022 MSU Award Options Exercise $0 -163 -49% $0.000000 169 01 Mar 2025 Common Stock 163 $0.000000 Direct F4
transaction AVY 2023 MSU Award Options Exercise $0 -217 -33% $0.000000 439 01 Mar 2025 Common Stock 217 $0.000000 Direct F5
transaction AVY 2024 MSU Award Options Exercise $0 -429 -24% $0.000000 1,364 01 Mar 2025 Common Stock 429 $0.000000 Direct F6
transaction AVY 2022 PU Award Options Exercise $0 -145 -100% $0.000000 0 01 Mar 2025 Common Stock 145 $0.000000 Direct F7
transaction AVY 2022 RSU Award Options Exercise $0 -2,931 -100% $0.000000 0 01 Mar 2025 Common Stock 2,931 $0.000000 Direct F8
* 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 2027, provided certain performance objectives are met as determined by the Compensation Committee in February 2028. Each PU represents a contingent right to receive one share of common stock.
F3 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.
F4 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.
F5 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.
F6 Shares reflect the vesting of the first tranche of MSUs granted in March 2024 at 93% of target based on our absolute total stockholder return during the 2024 performance period, plus dividend equivalents accrued during the period.
F7 Shares reflect the vesting of PUs granted in March 2022 at 25% of target, based 75% on the cumulative economic value added of Solutions Group of 0% of target and 25% on our capped relative total stockholder return of 100% of target.
F8 Shares reflect the vesting of RSUs granted on March 1, 2022.