Deena Baker-Nel - 01 Mar 2025 Form 4 Insider Report for Avery Dennison Corp (AVY)

Reporting relationship: SVP & Chief HR Officer
Issuer ticker: AVY
Reported as of: 01 Mar 2025
Net transaction value: +$289,755
SEC form: 4
Accepted by SEC: 04 Mar 2025, 18:55:55 UTC
Prior SEC filing: 24 May 2024
Next SEC filing: 02 Apr 2025
Source filing: View source filing
Reporting owner signature: /s/ Vikas Arora attorney-in-fact for Deena Baker-Nel

Key filing fact

Deena Baker-Nel filed Form 4 for Avery Dennison Corp (AVY) on 04 Mar 2025.

Key facts

This page summarizes Deena Baker-Nel's Form 4 filing for Avery Dennison Corp (AVY).
18 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 04 Mar 2025, 18:55.

Change

Previous filing in this sequence was filed on 24 May 2024.
Current net transaction value: +$289,755.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AVY transaction

Common Stock

Options Exercise

Transaction value: $71,083
Shares: +380
Change %: +24%
Price: $187.06
Shares after: 1,957
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $24,692
Shares: -132
Change %: -6.7%
Price: $187.06
Shares after: 1,825
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $79,313
Shares: +424
Change %: +23%
Price: $187.06
Shares after: 2,249
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $23,570
Shares: -126
Change %: -5.6%
Price: $187.06
Shares after: 2,123
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $66,219
Shares: +354
Change %: +17%
Price: $187.06
Shares after: 2,477
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $19,454
Shares: -104
Change %: -4.2%
Price: $187.06
Shares after: 2,373
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $58,363
Shares: +312
Change %: +13%
Price: $187.06
Shares after: 2,685
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $17,210
Shares: -92
Change %: -3.4%
Price: $187.07
Shares after: 2,593
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $141,230
Shares: +755
Change %: +29%
Price: $187.06
Shares after: 3,348
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $41,527
Shares: -222
Change %: -6.6%
Price: $187.06
Shares after: 3,126
Date: 01 Mar 2025
Ownership: Direct

AVY holding

Common Stock (Savings Plan)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,522
Date: 01 Mar 2025
Ownership: Savings Plan

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AVY transaction Derivative

2025 MSU Award

Award

Transaction value: $0
Shares: +2,695
Change %
Price: $0.000000
Shares after: 2,695
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,695
Exercise price: $0.000000
Footnotes: F1

AVY transaction Derivative

2025 PU Award

Award

Transaction value: $0
Shares: +2,805
Change %
Price: $0.000000
Shares after: 2,805
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,805
Exercise price: $0.000000
Footnotes: F2

AVY transaction Derivative

2025 Promotion RSU Award

Award

Transaction value: $0
Shares: +2,673
Change %
Price: $0.000000
Shares after: 2,673
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,673
Exercise price: $0.000000
Footnotes: F3

AVY transaction Derivative

2021 MSU Award

Options Exercise

Transaction value: $0
Shares: -380
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 380
Exercise price: $0.000000
Footnotes: F4

AVY transaction Derivative

2022 MSU Award

Options Exercise

Transaction value: $0
Shares: -424
Change %: -49%
Price: $0.000000
Shares after: 440
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 424
Exercise price: $0.000000
Footnotes: F5

AVY transaction Derivative

2023 MSU Award

Options Exercise

Transaction value: $0
Shares: -354
Change %: -33%
Price: $0.000000
Shares after: 713
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 354
Exercise price: $0.000000
Footnotes: F6

AVY transaction Derivative

2024 MSU Award

Options Exercise

Transaction value: $0
Shares: -312
Change %: -24%
Price: $0.000000
Shares after: 991
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 312
Exercise price: $0.000000
Footnotes: F7

AVY transaction Derivative

2022 PU Award

Options Exercise

Transaction value: $0
Shares: -755
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 755
Exercise price: $0.000000
Footnotes: F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote 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.

Footnote 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.

Footnote F3

Restricted stock units (RSUs) cliff vest on the third anniversary of the grant date. Each RSU represents a contingent right to receive one share of common stock.

Footnote F4

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.

Footnote F5

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.

Footnote F6

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.

Footnote F7

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.

Footnote F8

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.