Francisco Melo - 01 Mar 2025 Form 4 Insider Report for Avery Dennison Corp (AVY)

Reporting relationship: President, Solutions Group
Issuer ticker: AVY
Reported as of: 01 Mar 2025
Net transaction value: +$209,694
SEC form: 4
Accepted by SEC: 04 Mar 2025, 19:00:56 UTC
Prior SEC filing: 21 May 2024
Source filing: View source filing
Reporting owner signature: /s/ Vikas Arora, attorney-in-fact for Francisco Melo

Key filing fact

Francisco Melo filed Form 4 for Avery Dennison Corp (AVY) on 04 Mar 2025.

Key facts

This page summarizes Francisco Melo's Form 4 filing for Avery Dennison Corp (AVY).
19 reported transactions and 9 derivative rows are listed below.
Accepted by SEC: 04 Mar 2025, 19:00.

Change

Previous filing in this sequence was filed on 21 May 2024.
Current net transaction value: +$209,694.

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: $67,903
Shares: +363
Change %: +2.4%
Price: $187.06
Shares after: 15,593
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $31,987
Shares: -171
Change %: -1.1%
Price: $187.06
Shares after: 15,422
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $75,385
Shares: +403
Change %: +2.6%
Price: $187.06
Shares after: 15,825
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $35,541
Shares: -190
Change %: -1.2%
Price: $187.06
Shares after: 15,635
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $107,185
Shares: +573
Change %: +3.7%
Price: $187.06
Shares after: 16,208
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $50,506
Shares: -270
Change %: -1.7%
Price: $187.06
Shares after: 15,938
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $79,313
Shares: +424
Change %: +2.7%
Price: $187.06
Shares after: 16,362
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $37,412
Shares: -200
Change %: -1.2%
Price: $187.06
Shares after: 16,162
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $66,780
Shares: +357
Change %: +2.2%
Price: $187.06
Shares after: 16,519
Date: 01 Mar 2025
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $31,426
Shares: -168
Change %: -1%
Price: $187.06
Shares after: 16,351
Date: 01 Mar 2025
Ownership: Direct

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: +2,447
Change %
Price: $0.000000
Shares after: 2,447
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,447
Exercise price: $0.000000
Footnotes: F1

AVY transaction Derivative

2025 PU Award

Award

Transaction value: $0
Shares: +2,554
Change %
Price: $0.000000
Shares after: 2,554
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,554
Exercise price: $0.000000
Footnotes: F2

AVY transaction Derivative

2025 Special PU Award

Award

Transaction value: $0
Shares: +2,735
Change %
Price: $0.000000
Shares after: 2,735
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,735
Exercise price: $0.000000
Footnotes: F2

AVY transaction Derivative

2025 Special RSU Award

Award

Transaction value: $0
Shares: +5,346
Change %
Price: $0.000000
Shares after: 5,346
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,346
Exercise price: $0.000000
Footnotes: F3

AVY transaction Derivative

2021 MSU Award

Options Exercise

Transaction value: $0
Shares: -363
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 363
Exercise price: $0.000000
Footnotes: F4

AVY transaction Derivative

2022 MSU Award

Options Exercise

Transaction value: $0
Shares: -403
Change %: -49%
Price: $0.000000
Shares after: 416
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 403
Exercise price: $0.000000
Footnotes: F5

AVY transaction Derivative

2023 MSU Award

Options Exercise

Transaction value: $0
Shares: -573
Change %: -33%
Price: $0.000000
Shares after: 1,156
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 573
Exercise price: $0.000000
Footnotes: F6

AVY transaction Derivative

2024 MSU Award

Options Exercise

Transaction value: $0
Shares: -424
Change %: -24%
Price: $0.000000
Shares after: 1,347
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 424
Exercise price: $0.000000
Footnotes: F7

AVY transaction Derivative

2022 PU Award

Options Exercise

Transaction value: $0
Shares: -357
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 01 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 357
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 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.