Ignacio J. Walker - 01 Sep 2022 Form 4 Insider Report for Avery Dennison Corp (AVY)

Role: SVP and Chief Legal Officer
Signature: /s/ Maribel Cabrera POA for Ignacio J. Walker
Issuer symbol: AVY
Transactions as of: 01 Sep 2022
Net transactions value: +$96,568
Form type: 4
Filing time: 02 Sep 2022, 16:32:22 UTC
Previous filing: 03 Mar 2022
Next filing: 03 Mar 2023
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	$159,476	+867	+13%	$183.94	7,582	01 Sep 2022	Direct
transaction	AVY	Common Stock	Tax liability	$62,907	-342	-4.5%	$183.94	7,240	01 Sep 2022	Direct
holding	AVY	Common Stock (Savings Plan)						551	01 Sep 2022	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	2020 RSU Award	Options Exercise	$0	-867	-50%	$0.000000	867	01 Sep 2022	Common Stock	867	$0.000000	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The restricted stock units vest in equal installments on the first, second, and third anniversaries of the grant date. Each restricted stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock.