Patrick Siewert - 01 May 2024 Form 4 Insider Report for Avery Dennison Corp (AVY)

Role: Director
Signature: /s/ Vikas Arora attorney-in-fact for Patrick Siewert
Issuer symbol: AVY
Transactions as of: 01 May 2024
Net transactions value: +$148,810
Form type: 4
Filing time: 03 May 2024, 16:54:23 UTC
Previous filing: 18 May 2023
Next filing: 24 May 2024
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	$212,804	+971	+5.6%	$219.16	18,226	01 May 2024	Direct
transaction	AVY	Common Stock	Tax liability	$63,995	-292	-1.6%	$219.16	17,934	01 May 2024	Direct

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	2023 Director RSU Award	Options Exercise	$0	-971	-100%	$0.000000^*	0	01 May 2024	Common Stock	971	$0.000000	Direct
transaction	AVY	2024 Director RSU Award	Award	$0	+844		$0.000000	844	01 May 2024	Common Stock	844	$0.000000	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Restricted stock units (RSUs) cliff-vest on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of common stock.